Bank Of Baku

Deputy Minister: “Over $190 was invested in Azerbaijan’s economy during its independency”

Deputy Minister: “Over $190 was invested in Azerbaijan’s economy during its independency”
# 27 October 2014 11:33 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. “Over $190 was invested in Azerbaijan’s economy during its independency”, said the Deputy Minister of Economy and Industry Niyazi Safarov at the 13th conference on investments and energy regulation of the Energy Regulators Regional Association (ERRA).

 

According to him, Azerbaijan is one of the leaders among CIS and world countries for foreign direct investments/per capita and foreign investments/GDP ratios.

 

Azerbaijan strategic currency reserves reached $53 bln and domestic debt made 8% compared to GDP.

 

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