Bank Of Baku

Azerbaijan lists state entities that incur highest foreign debt

Azerbaijan lists state entities that incur highest foreign debt
# 13 February 2025 15:58 (UTC +04:00)

On January 1, 2025, 41.7% of the foreign state debt portfolio ($2,137.6 million out of $5,129.7 million) was incurred by the Ministry of Finance on behalf of the government to cover the budget deficit, while 58.3% ($2,992.1 million) was attributed to obligations undertaken for programs and projects implemented by other executive entities, the Ministry of Finance told APA-Economics.

Notably, among the executive entities that incurred the highest foreign debt, the State Agency of Azerbaijan Automobile Roads ranked second, while the Azerbaijan State Water Resources Agency took third place.

The following table provides details on the foreign debt amounts incurred by state institutions as of January 1, 2025:

1 2 3 4 5 İDMAN XƏBƏR
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