Baku, Azerbaijan, June 21
By Anvar Mammadov - Trend:
The total volume of foreign investments made in Azerbaijan’s fixed capital in January-May 2016 increased by 31.2 percent and hit 3.46 billion manats compared to the same period in 2015, said a report issued by the country’s State Statistics Committee.
Official exchange rate on June 21 is 1.524 AZN/USD.
During the reporting period, 90.6 percent (3.13 billion manats) of the investments made by foreign countries and international organizations in Azerbaijan’s economy accounted for the investors from the UK, Turkey, Malaysia, Switzerland, Russia, Iran, Japan and the US.
The largest volume of foreign investments in Azerbaijan’s fixed capital in January-May was made in April (935.1 million manats), while the smallest volume of investments was made in May (544.1 million manats).
The largest share of foreign investments in the total volume of investments made in Azerbaijan’s fixed capital in January-May 2016 was recorded in January (71.5 percent), while the smallest share was recorded in May (49.6 percent).
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