“S&P Global Ratings” international rating agency has revealed its forecast regarding Azerbaijan’s foreign debt, APA-Economics reports citing the agency.
“S&P” forecasts Azerbaijan’s total foreign debt (both long-term and short-term) to be at the level of $6.6 billion for 2025.
It is stated that the country’s long-term foreign debt this year will be $1.8 billion, and the short-term foreign debt will be $4.8 billion.
It is noted that Azerbaijan's foreign borrowing level is very low. For 2025, long-term foreign borrowing will account for 0.3% of global borrowing, while the total debt will account for 0.2%, which is a positive indicator compared to most countries.
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