11:11 - 1.08.2024

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August 1, Fineko/abc.az. In 2023, the revenues of the Azerbaijan Export & Investment Promotion Agency (AZPROMO) totaled 6.158 million manats and expenses - 6.187 million manats (59.8% and 2.4-fold more than in 2022, respectively).

ABC.AZ reports that this is stated in the financial statements of AZPROMO.

As of January 1, 2024, AZPROMO's assets amounted to 1.213 million manats (45.4% less than a year ago). Agency's liabilities decreased 58.6-fold, to 17,000 manats, and the balance sheet capital (net assets) by 2.4% to 1.196 million manats.

AZPROMO was established in 2003 to attract foreign investmentS in the non-oil sector and stimulate exports of non-oil products.