Azerbaijan invests more abroad

  15 December 2014    Read: 1150
Azerbaijan invests more abroad
Azerbaijan
This amount has been formed through Azerbaijan’s direct investments ($1.206 billion), portfolio investments ($156.4 million) and other investments ($6.492 billion) made abroad, the balance of payments says.

Around $893.1 million of direct investments were made by Azerbaijan in the oil and gas sector, $313.6 million - in other sectors.

Other investments include trade loans and advances ($3.064 billion), loans and advances ($104.1 million), deposits and cash ($3.324 billion).

Azerbaijan`s obligations were formed in the amount of $5.972 billion for the first nine months of this year.
Around $5.817 billion accounted for direct investments in the country’s economy (or $3.164 billion given the repatriation of drawn investments), $1.747 billion - portfolio investments.

Around 2.343 billion of direct investments were made in the oil and gas sector of Azerbaijan, $821.4 million - in other sectors.

Other investments include trade loans and advances ($117.5 million), loans and advances ($791.5 million), deposits and cash ($133.9 million).

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