Azersu’s debt makes AZN 210 mln

Azersu’s debt makes AZN 210 mln
# 11 April 2011 12:22 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. Population’s AZN 294.2 mln debt for water supply has been annulled in accordance to the president’s order. According to Deputy Chairman of OJSC Azersu on economical issues Mahir Mammadov, Azersu’s other debts were also annulled. Thus, AZN 147 mln debt for power energy, AZN 65 mln for melioration services, including AZN 60 mln for bill debt was annulled.

At the same time, Azersu’s debts after February 1, 2011, remain. Its current foreign credit debt is AZN 116 mln. These are long-etrm loans: “Their payments will start after 20-30 years”. Moreover, AZN 73 mln is for state budget, AZN 13.6 mln – for State Social Protection Fund. Totally, Azersu has near AZN 210 mln creditor debts.
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