Azerbaijan, Baku/ Trend , corr. I. Khalilova / According to the balance of payment issued by the National Bank of Azerbaijan (NBA), in 2006, the weight of direct state credits and those ones against state security attracted to the private sector, as well as loans, deposits, and other investments reached 24.7 percent out of the total amount of foreign investments put into Azerbaijan's economy, a source in NBA told Trend. Their total amount reached 1.245.100.000 that by 44.5 percent exceeded the corresponding showing registered in 2005.
The state attracted directly and against state security credits on 28.2 percent ($351.3) from these funds, with $18,8 mln. out of them receiving from the World Bank (WB). $332.5 mln out of the credits granted by different international institutions were used on financing different investment projects of State Concern "AZAL" ("Azerbaijan Airlines"), "Azerenerji" JSC, reconstructing the highway - Baku City -the Russian border, rebuilding of the Silk Way, reconstructing irrigative and drainage system. $632.2 mln fall at the credits granted without state guarantee
$274.7 mln. out of these funds falling at loans attracted from different international financial institutions and organizations for financing carrying out works within international oil and gas contracts, $357.5 mln. - on credits attracted from different banks, joint ventures, and firms. This indicator exceeded the corresponding one of the last year in 2.8 times.