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Azerbaijan sees 6% rise in negative balance on income

Azerbaijan sees 6% rise in negative balance on income

15 December 2010 09:15 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. The total turnover of income receipts and payments made $ 3 287.4 mln in January-September, 2010. CBA says $ 2 986.5 mln or 90.8% made payments from Azerbaijan.

Most of the payments went to repatriations of income of international oil-gas consortiumsâ€™ foreign investors ($ 2 246.1 mln) salaries of non-residents ($ 87.7 mln) and paid interests for foreign loans ($ 139.2 mln).

Total income made $ 300.9 mln during the first 9 months of 2010.

Thus, the negative balance in the payment balance on income made $ 2 685.6 mln, in January-September, 2010, up 5.8% compared to a year ago.

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