Baku. Vahab Rzayev – APA-Economics. The total turnover of incomes and payments on revenue in BoP was accounted $ 1,699.7 mln, in Q1, 2011.
Central Bank of Azerbaijan says $ 1,523.4 mln or 89.6% of this was payments from Azerbaijan, $ 176.3 mln or 10.4% - income related revenue.
Thus, the negative balance in BoP on income made $ 1,347.1 mln in Q1, 2011, down 69.4% compared to a year.
Most of payments from Azerbaijan are repatriation of incomes of foreign investors of international oil-gas consortiums ($ 1,311.7 mln), wages for non-residents ($ 29.3 mln) and paid interests for using the foreign credits ($ 34.6 mln).
Totally, 98.7% or $ 1,329.8 mln of negative balance on income belonged to oil-gas sector, AZN 17.4 mln or 1.3% - to other spheres. Oil-gas sector’s payments exceeded the incomes by 579 times.
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