Azerbaijan sees 25% rise in foreign investments directed to economy in Q1

In the first quarter, $3.6 billion was invested in Azerbaijan’s economy, up 25.1% from previous year.

The State Statistical Committee told APA that 14.5% of investments were financial loans to economy, 53.0% direct investments, 32.5% portfolio and other investments.

Direct investments made $1.9 billion up 34.6% by contrast to a year earlier. Of this, $1.6 billion or 86.3% was directed to oil and gas sector.

The residents were presented $521.3 million loan, up 3.1% compared to a year ago. (News.Az)