Baku, Azerbaijan, Sept. 12
By Zulfiyya Gurbanova - Trend:
Azerbaijan's net financial assets amounted to $6 billion in January-June 2014, according to the balance of payments in the first half of 2014, posted on the website of the Central Bank of Azerbaijan.
The amount was generated through the direct investments made abroad ($367.2 million), portfolio investments ($104.8 million) and other investments ($5.574 billion), according to the balance of payments.
Around $266.8 million of direct investments were made by Azerbaijan in the oil and gas sector, $100.4 million - in other sectors.
Other investments include trade loans and advances ($2.923 billion), loans and advances ($56.9 million), deposits and cash ($2.594 billion).
Azerbaijan's commitments were formed in the amount of $4.552 billion in the first half of this year, of which $ 2.071 billion accounted for direct investments, $1.748 billion - portfolio investments.