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Azerbaijan's financial liabilities drop $1B
Finance
- 31 March, 2021
- 08:11
Azerbaijan’s net financial liabilities declined by $1,168,300,000 in 2020, Report informs, citing the Central Bank of Azerbaijan (CBA).
According to the CBA, the decline was caused by a $4,527,700,000 growth in net direct investments from abroad, $4,472,200,000 decrease in repatriation of foreign investments, $451.6 million rise in oil bonuses, $259.1 million and $1,416,300,000 declines respectively in portfolio investments and other investments.
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