From January to July, the Azerbaijani economy received foreign investment equivalent to 3 billion 217 million 791.8 thousand manats (+ 44.7% to July 1 of the previous year), the State Statistics Committee said.
Traditional leaders were companies from the UK, investing mainly in the oil sector - 1 billion 30 million 207.7 thousand manats, or nearly one-third (32%) of all investments. In the second place were investors from Turkey who invested 456 million 570.5 thousand manats, which is 2.2 times more than the year before. This allowed them to overtake the "forever silver" Norwegians, on account of which was 387 million 148.8 thousand manats (minus 3.3%). Other investors invested immeasurably less money. --17D-
Economics
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
-
Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
Leave a review