Baku, Azerbaijan, Nov. 18
By Anvar Mammadov – Trend:
The total volume of foreign investments in Azerbaijan’s fixed capital increased by 25.4 percent and amounted to 7.02 billion Azerbaijani manats in Jan.-Oct. 2016 compared to the same period of 2015, said the report issued by the country’s State Statistics Committee on the results of the ten months of 2016.
The official exchange rate is 1.7190 AZN/USD as of Nov. 18.
Some 84.9 percent (5.96 billion manats) of foreign investments, provided by foreign countries and international organizations for Azerbaijan’s economy, accounted for the investors from the UK, Turkey, Malaysia, Switzerland, Russia, Iran, the US and Japan.
The largest part of foreign investments – 935.1 million manats – in Azerbaijan’s fixed capital was invested in April during Jan.-Oct. 2016, while the lowest (544.1 million manats) – in May.
During Jan.-Oct. 2016, the largest part of foreign investments in total investments in Azerbaijan’s fixed capital was registered in January – 71.5 percent of total investments in fixed capital.
The lowest figure – 47.6 percent was registered in October during the reporting period.