CBA set to the site report on the balance of payments in the first half of this year. Foreign direct investment in the local economy was $ 3.9 billion (+ 900 million. 1 July last year).
According to balance of payments data, 85.3% of foreign direct investment in the reporting period is injected into the oil and gas sector. The remaining $ 569 million occurred in the infrastructure projects of non-oil sectors of the economy.
Companies with Azerbaijani capital directly invested in foreign economies $ 367.2 million, of which $ 266.8 million invested in oil and gas. Recall, at the end of last year, foreign direct investment in Azerbaijan's economy in 2013 amounted to $ 6.3 billion. According to experts, most of the foreign investments in Azerbaijan's economy - none other than the flow of funds for the high-ranking officials - monopolists with their own offshore accounts account of their own local companies. Purpose - tell the world about the country's investment attractiveness in the eyes of international partners.
Since the beginning of last year, the structure of the balance of payments of the country changed the CBA with the advice of the International Monetary Fund (IMF). According to the chief financial regulator, the net financial assets in the first half amounted to $ 6 billion 045,600,000. Liabilities were at $ 4 billion 552,300,000. --17D-
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- Politics
- 15 September 2014 13:19
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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