Bank Of Baku

Azerbaijan sees 25% rise in foreign investments directed to economy in first quarter

Azerbaijan sees 25% rise in foreign investments directed to economy in first quarter
# 17 June 2014 10:45 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In the first quarter, $3.6 bln was invested in Azerbaijan’s economy, up 25.1% from previous year.

 

State Statistical Committee told APA that 14.5% of investments made financial loans to economy, 53.0% direct investments, 32.5% portfolio and other investments.

 

Direct investments made $1.9 bln, up 34.6% by contrast to a year earlier. Of this, $1.6 bln or 86.3% was directed to oil and gas sector.

 

The residents were presented $521.3 mln loan, up 3.1% compared to a year ago.

 

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