BAKU, Azerbaijan, September 16. A negative balance of $433.9 million has formed in the balance of portfolio investments in Azerbaijan from January through June 2022, Trend reports via the Central Bank of Azerbaijan (CBA).
According to the CBA, in the reporting period, net financial assets in the portfolio investments amounted to $280.5 million, and net financial liabilities - 153.4 million.
Meanwhile, portfolio investment assets increased mainly in the public, banking and private sectors, while the liabilities have reduced in the public and banking sectors.
In the first half of this year, foreign direct investment (FDI) in Azerbaijan increased by 22.2 percent compared to the same period of last year - up to $2.6 billion, and the share of the oil and gas sector in the FDI amounted to 65.9 percent.