Investment in finance sector in Azerbaijan decreases

Investment in finance sector in Azerbaijan decreases
  • Clock-gray 11:12
  • calendar-gray 29 March 2020

During January-February of this year, the investment amounting to AZN 700 thousand was made in the areas associated with finance and insurance activities in Azerbaijan, the State Statistics Committee of Azerbaijan told "APA-Economics".

As compared with the same period of the last year, the volume of investment associated with these activities has decreased by 28.6%. 

The report says the specific weight of this category of investments in the total amount of the investments made in the country’s economy is up to 0.04%.

Note that in January-February, 2020, AZN 1,965,2 mln. or 12.7% more funds as compared with relevant period of previous year were invested in the fixed capital from all financial sources in order to develop economic and social spheres of the country.

Narmin Rahimova

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