Finance

Finance

Foreign capital in Azerbaijan increases by 2%

13 December 2011 11:36 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. Total foreign capital in Azerbaijan which reflected in BoP made $ 5.8 bln in January-September. 2011, up 2.2% compared to a year ago.

Central Bank of Azerbaijan says this index was formed mainly on the account of direct investments and foreign loans.

(mln. dollar)

Structure of involved foreign capital
	2010, Q1	2011, Q1
Direct investments	2 271.9	3 108.3
- oil-gas sector	1 754.7	2 422.3
- other sectors	517.2	686.0
Loans and other investments	3 416.2	2 683.2
- State guaranteed loans	499.1	744.4
- Non-state guaranteed loans	1 887.6	1 501.1
-- oil-gas sector	358.4	405.2
-- banks	1 336.2	623.9
-- others	193.0	472.0
- other investments	1 029.5	437.7
TOTAL	5 688.1	5 811.5

The total sum of foreign capital as a direct investment was $ 3.1. Share of oil-gas structure made 77.9

The investments borrowed as other investments fell by 21.5d their share dropped 13.8% to 46.2%.

According to BOP, $ 1 512.6 mln on borrowed loans before was repaid. 48% of this was banking system, 12% - state and state guaranteed loans, 19.5% - oil-gas sector, 20.5% - other institutions and firms.