Significant growth of Azerbaijan's net financial liabilities recorded for 10 months

15:31 - 11.12.2024


December 11, Fineko/abc.az. Azerbaijan's net financial liabilities lowered by $2.179 billion for Jan-Sept 2024 ( a rise of $53.6 million against Jan-Sept 2023), ABC.AZ reports, referring to the CBA.

The 9-month drop occurred due to increase in direct investments in Azerbaijan by $4.5 billion (3.4% more than a year ago), a decline in the repatriation of attracted investments by $4.758 billion (6.9% less), a rise in the oil bonus by $457.8 million (2.8% less), a decrease in portfolio investments by $960.6 million (38.8% more), and a reduction in other investments by $1.44 billion (a rise versus Jan-Sept 2023).