Growth rate of UK investments in Azerbaijan leaves behind other countries
Azerbaijan, Baku, Dec.17 / Trend , N.Ismayilova/ UK continues to maintain leading position for the amount of the investments in Azerbaijan over the past eleven months, with specific weight in the foreign investments at 46.5%. With a decrease of 6.2%, Great Britain remained the key investor into economy of Azerbaijan, investing AZN 952.67mln, State Statistical Committee said.
During January-November, 94% (AZN 1923.4bln) of the investments by the foreign countries and international organizations in the economy of Azerbaijan fell on investors from UK, the USA, Japan, Norway, Turkey, South Korea and Germany.
American investments, with a decrease of 26.8%, totalled AZN 414.89mln (with the specific weight of 20.3%); Japanese - AZN 213.08mln (10.4%) with a decrease of 27.6%; Turkish - AZN 142.54mln (7%) with a decrease of 2.2%; Norwegian - AZN 132.74mln (6.5%) with a decrease of 28.3%; Korea - AZN 38.47mln (1.9%); German - AZN 30.02mln (1.4%) with an increase of 5.3 times; French - AZN 23.63mln (1.2%) with the increase of 2.5 times; Russian - AZN 9.91mln (0.5%) with an increase of 6.8 times; Iranian - AZN 9.496mln (0.5%) with a decrease of 26.3%.
Of the international financial institutions, the highest amount of the investments fell on the World Bank totalling AZN 30.93mln, an increase of 1.6% (with 1.5% specific weight). In January to November, Asian Development Bank allocated AZN 9.47mln (0.5%) with a decrease of 44.9%, Islamic Development Bank - AZN 9.51mln (0.5%) decrease of 15.9%, European Bank for Reconstruction and Development - AZN 5.442mln (0.3%) with a decrease of 74.2%, Kuwait Fund for Economic Development - AZN 4.38mln (0.2%) with an increase of 58.7%. International Organization for Child Protection invested AZN 15,000.
On Dec.17, the official currency rate is 0.802 AZN/USD.
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