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First-quarter surplus of capital and financial accounts in Armenia slips 13.6% to $329.7 mln

YEREVAN, July 12. /ARKA/. The surplus of capital and financial accounts of balance of payments in Armenia dived by 13.6% or $52.2 million to $329.7 million in the first quarter of 2012 from the analogical period a year earlier, according to the National Statistical Service of Armenia.

The surplus of financial account only climbed by 14.9% or $53.03 million to $302.65 million within the reported period. Foreign direct investments totaled in $100.5 million, of them investments to the shake capital in Armenia were $9.11 million, $77.46 million- reinvested earnings.

Portfolio investments reported zero surplus against minus $10.49 million in the first quarter of 2011.
In the first quarter of this year the other investments( cash, credits, deposits, etc.) reported the surplus valued at $37.05 million against $130.4 million in the analogical period last year.

The total assets amounted $116.78 million against minus $34.06 million last year. The liabilities within the reported period were minus $79.73 million against $167.46 million in the analogical period of 2011.

The surplus on reserved assets totaled $165.1 million against $76.74 million within the reported period. ($1- 415.84 drams).—0–

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