Bank Of Baku

Foreign investment rose 5% in Azerbaijan

Foreign investment rose 5% in Azerbaijan
# 21 November 2008 17:21 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Foreign investment made in the economy of Azerbaijan during January-September grew 4.8% to $5 407.3 million, said the State Statistical Committee.
The top body said direct investments accounted for 54.7% of foreign investments, leaving 39.5% to financial credits.
Direct investment in oil-gas sector declined 20.1% year-on-year.
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