Azerbaijan reduces net financial liabilities by nearly $2.5B 

Finance
  • 17 March, 2022
  • 07:29
Azerbaijan reduces net financial liabilities by nearly $2.5B 

Azerbaijan reduced the net financial liabilities by $2,489.1 million in 2021, Report informs, referring to the Central Bank of Azerbaijan (CBA).

Bank says the reduction was provided by a growth of $4,795.3 million in direct investments in Azerbaijan, decline of $6,960 million in the repatriation of investments, expansion of $457 million in oil bonus, decrease of $61.5 million in portfolio investments, and reduction of $719.9 million in other investments.

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