Azerbaijan sees positive balance on current transfers

Azerbaijan sees positive balance on current transfers
# 17 December 2013 10:52 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. The total amount of transactions on current transfers with foreign countries made $ 2,303.8 bln, in January-September, 2013.

Central Bank of Azerbaijan says that 51.1% or $ 1,177.6 mln of this is receipts, $ 1,126.2 mln or 49.1% - transfers from the country.

So, $51.4 mln-positive balance was formed on current transfers. For comparison to a year earlier, $ 178.9 mln-negative balance was observed. Note that, transfers to the country rose 9.6%, from country slid 24.0%.

96.1% of total premiums on current transfer are money orders to individuals from abroad, 1.8% imported humanitarian goods, 2.1% other premiums.

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