Bank Of Baku

Foreign investments in Azerbaijan’s economy increase by 48% year-on-year

Foreign investments in Azerbaijan’s economy increase by 48% year-on-year
# 19 November 2010 08:40 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. During 9 months of 2010, $ 5 364.5 mln capitals were invested in Azerbaijan’s economy, up 48% compared with a year ago.

State Statistical Committee says the 42% of investment was direct investments in economy, 42.6% - financial credits, up 6.4% and 2.4 times compared with a year earlier.

306.7 ml USD-foreign capital was invested in non-oil sector during the same period, down 32% from year ago.
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