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10% of Azerbaijani populationâ€™s incomes remain as available cash

26 April 2011 09:16 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. Azerbaijani population has directed the 20.6% of income during first quarter to the charge and investment. According to APA-Economicsâ€™ calculations based on State Statistical Committeeâ€™s information, the charge made AZN 1.229 bln during the same period.

Note that, the statistical performances on banking sector during January-March have not been made public yet and thatâ€™s why itâ€™s impossible to compare the performances according to quarterly accounts. But, the comparison on January-February may reflect the common tendency. So that, populationâ€™s charge in January-February, made AZN 777 mln. At the same time, populationâ€™s bank deposits rose AZN 113.1 mln. Thus, at least 85.4% of populationâ€™s funds were remained in population. This index may be higher. Because, growth of deposit was not formed only on the account of new deposits, but on the account of bank interests which not used by depositors.

One of the directions is capitals. So that, AZN 25.9 mln-capital investment was implemented by the population during January-February, 2011.

Thus, the 80% or AZN 638 mln of populationâ€™s funds after consumption (71.7%) and payments on taxes, social insurance and voluntary membership dues (8.3%) remained as available cash.