Azerbaijan posts increase in share of oil and gas sector in FDI

Azerbaijan posts increase in share of oil and gas sector in FDI In the first quarter of 2024, the share of the oil and gas sector in the $1.5 billion worth of foreign direct investment attracted to the Azerbaijani economy, Report informs, citing the Central Bank of Azerbaijan (CBA).
Finance
June 12, 2024 14:37
Azerbaijan posts increase in share of oil and gas sector in FDI

The share of the oil and gas sector in the $1.5 billion worth of foreign direct investment attracted to the Azerbaijani economy was 87.6% in Q12024, Report informs, citing the Central Bank of Azerbaijan (CBA).

The bank said this is 10.1 percentage points more than the same period of 2023.

Foreign direct investments increased by 0.5% over the past year.

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