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Great Britain remains key investor into economy of Azerbaijan

Azerbaijan Materials 19 February 2009 21:25 (UTC +04:00)

Azerbaijan, Baku, Feb. 19 /corr. Trend N.Ismaylova /

Great Britain remained as a key investor into economy of Azerbaijan in January, investing AZN 69.5mln (64.3%of the total amount of foreign investments), State Statistics Committee said.

In January 93.1 percent (AZN 100.6mln) of the investments by the foreign countries and international organizations in the economy of Azerbaijan fell on investors from Great Britain, the USA, Japan, Norway and Turkey.

American investments totaled AZN 148.04 million (with specific weight of 13.7 percent ); Japanese - AZN 7.74 million (7.2 percent); Turkish - AZN 3.79 million (3.5 percent), Norwegian - AZN 4.79 million (4.4 percent), Austrian - AZN 121,400 (0.1 percent), Czech - AZN 19,400.    

Of the international financial institutions, the highest amount of the investments fell on the World Bank totaling AZN 5.52 million (with specific weight of 1.5 percent).

In January Asian Development Bank allocated AZN 655,200 (0.6 percent), Islamic Development Bank - AZN 702,300 (0.5 percent), European Bank for Reconstruction and Development - AZN 5.442 million  (0.3 percent), Kuwait Fund for Economic Development - AZN 460,400 (0.4 percent).

The current rate on Feb. 19 is 0.8062 AZN/USD. 

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