Azerbaijan invests over $200,000 in Georgian economy in 2021

Finance
  • 11 March, 2022
  • 10:20
Azerbaijan invests over $200,000 in Georgian economy in 2021

Azerbaijan invested $207,400 in the Georgian economy last year, Report informs, referring to the National Statistics Office.

According to the Office, Azerbaijan withdrew $6,255,800 from Georgia in the first quarter of 2021, invested $669,700 in the second quarter, $3,005,400 in the third quarter and $2.788 million in the fourth quarter.

In 2020, the amount of investments Azerbaijan withdrew from the neighbouring country stood at $16.383 million.

In the reporting period, the total amount of foreign direct investments in the Georgian economy doubled to $1,152.8 million.