Bank Of Baku

Azerbaijan’s currency stocks reach $38 bln

Azerbaijan’s currency stocks reach $38 bln
# 29 July 2011 09:46 (UTC +04:00)
According to him, the currency stocks exceed the foreign debts. He noted that, Azerbaijan’s economy made 70% of the economy of the Southern Caucasus and $100 bln invested in country’s economy: “53% of this makes domestic investments”.

Mustafayev noted that, Azerbaijani businessmen invested $ 4 bln in turkish economy: “More $6 bln is planned to invest in near future. The investments in Georgian economy reached $ 1 bln”.

He also noted that, the works on establishment of small towns in Sumgayit, Garadag and Ganja cities were underway: “Ganja Aluminium Plant will be launched in Ganja, this year”.
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