Showing posts with label CIS. Show all posts
Showing posts with label CIS. Show all posts

Saturday, February 19, 2011

Capital Investment in Azerbaijan


Azerbaijan leads CIS in capital investment growth


It's quite positive to see such growth in fixed capital investments. Just wanted to make quick comments:

1. Bank lending plays a very small role in capital formation - only 4.4% of total capital investments in 2009 (14% in 2002). It has probably risen during 2010, but still remains very low. Bank loans are mainly directed to consumption and trading.

2. Domestic capital investment still provides 3/4 of total investments. Although domestic investment has grown in 2010, in nominal terms it's still below 2008 levels.