Baku/28.02.14/Turan : In 2013, the volume of public and private investment in Azerbaijan abroad totaled $ 1.5 billion , which is 35.6 % more than in the previous year .
Over the past ten years the export of Azerbaijani investments reached $ 8 billion , the State Statistics Committee told Turan .
GCS also revealed the structure of investments in Azerbaijan's economy . Last year, investments amounted to 22 bn or $ 28 billion , increasing by 8.7%. The volume of investments used by the oil and gas sector was 5.6 billion manats ($ 7.2 billion ) . In the non-oil sector was 16,3 billion manats ($ 20.8 billion ) , which is 7% more than in 2012 .
The share of local sources account for 62.4% of foreign investors - 37.6 % of the investment .
According to the SSC , the bulk of investments (17 872.1 million manat) was directed to the development of fixed capital. Of these, 70.7% owned by the public sector. The remaining funds were used in the financial sector .
Over the past 10 years, the volume of investments in Azerbaijan's economy totaled 155.6 billion manat - estimated to State Statistics Committee . - 08D-
Economics
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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