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Azerbaijanâ€™s foreign debt hits $ 3.440 billion

Azerbaijanâ€™s foreign debt hits $ 3.440 billion

06 October 2010 11:24 (UTC +04:00)

Mercedes-Benz GLS

Azerbaijanâ€™s foreign state debt on the used credits based on these contracts made AZN 3 440.3 mln, Ministry of Finance told APA.

According to Ministry the foreign state debt for used credits is 8% of GDP and $ 381.9 of per head foreign state debt.

Of this, 32.5% is in USD, 26.3% in euro, 24.8% in SDR, 12.1% in Japanese yen, 1.7% in Islamic dinar, 0.8% in Swiss Franc, 0.8% in Saudi riyal, 0.7% in Kuwait dinar, 0.3% in Emirates dirham.

47.22% of credit was borrowed in stable rate, 51.11% in changeable rate and 1.67% from IMF.

According to contracts the 0.7% of debts has to be paid of in 5 years, 4.6% in 5-10 years, 51.3% in 10-20 yearss and 43.4% in more than 20 years.

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