BAKU, Azerbaijan, March 18. Azerbaijan's net financial liabilities experienced a contraction of $2.3 billion in 2024.
Data obtained by Trend from the Central Bank of Azerbaijan shows that
the downturn was propelled by a contraction in foreign direct
investments (-$226.5 million), fluctuations in oil bonuses ($457.8
million), a significant drop in portfolio investments (-$960.9
million), and a substantial decrease in other investments (-$1.6
billion).
In the interim, the nation's net fiscal obligations experienced a
contraction of $1 billion in 2023, delineated by foreign direct
investments (-$218.2 million), oil concessions ($471.0 million),
portfolio allocations (-$694.1 million), and ancillary investments
(-$589.1 million).
