Mogilev Region spent BYR 1,170.3 billion on the development of economy and social sphere in January-July 2007, or 23% up on the year, Interfax learnt from the committee for investments and construction of the regional administration.
According to the source, construction and assembly accounted for 44.5% of the investments (20.5% up on the year).
Expenses related to the purchase of machines, equipment and vehicles totalled BYR 520 billion (19% up).
BYR 784.8 billion fell on production facilities (67.1% of the total amount of investments, 21.8% up on the year).
Non-production sector investments totalled BYR 385.5 billion (or 26.2% up on the year), 55.5% of which was spent on housing construction.
Budget allocations accounted for one third of the overall amount of investments (BYR 361.4 billion), the source specified.