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Azerbaijanâ€™s external public debt announced

Azerbaijanâ€™s external public debt announced

25 November 2016 12:29 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of October 1, 2016, Azerbaijan’s external public debt made up $7,650.7 mln (AZN 12,402.6 mln), external public debt/GDP ratio – 20.1%, according to Finance Ministry.

The debt includes government’s direct liabilities and indirect liabilities attracted under the state guarantee. The external public debt was mainly borrowed from WB, Japan International Cooperation Agency, ADB, IDB, EBRD and other international financial organizations to fund of different projects.

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