Azerbaijan repays 97% of debt to IMF

     Azerbaijan repays 97% of debt to IMF
# 06 March 2013 14:15 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. Azerbaijan has repaid 97.3% of its debt to International Monetary Fund, said the report of the Cabinet of Ministers on outcomes of 2012.

According to report, Azerbaijan has been in member of IMF since 1992 and in 1995-2005, it borrowed long-term loans in amount of $577.3 mln for support of economic reforms program.

For the present, Azerbaijan’s debt to IMF makes $15.3 mln.

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