Azerbaijan's strategic currency reserves are $ 47 billion 722 million - according to a review of monetary policy for the first half of 2013 the Central Bank of Azerbaijan (http://cbar.az/assets/2916/PSI_2013_Q_2.pdf ). For comparison - January 1, this amount was $ 46 billion 99 million (+3.5%).
"Azerbaijan's strategic currency reserves now allow replacing the 3-year imports of goods and services to the republic. Currency reserves to 8 times the size of the external debt of Azerbaijan," is stated in the document.
Overall, as of July 1, Azerbaijan's strategic currency reserves make up 69% of the projected GDP.
Azerbaijan's strategic currency reserves are formed from reserves of the CBA, the assets of the State Oil Fund of the Ministry of Finance and Treasury funds. - 17D-
Economics
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