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Remittances of individuals to Azerbaijan from abroad rose more than $1.6 billion in H1

Economy Materials 12 September 2014 14:51 (UTC +04:00)

Baku, Azerbaijan, Sept.12

By Zulfiyya Kurbanova - Trend:

The total value of transactions carried out by Azerbaijan with foreign countries on secondary income in the first half of 2014 amounted to $1.8 billion, 48.1 percent of which falls on receipt in the country, the balance of payments posted on the website of the Central Bank of Azerbaijan said.

During this period some 92.7 percent ($1.7 billion) of the total receipts on secondary income accounted for remittances of the individuals carried out from foreign countries to Azerbaijan, 3.7 percent accounted for the cost of humanitarian goods imported into the country, 3.6 percent - other income.

Surplus arising from transactions with secondary income of the country in total amounted to $66.2 million.

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