Azerbaijan invests more abroad
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).