Baku 26° C
IMF predicts increase in Azerbaijan's public debt
Finance
- 19 October, 2021
- 12:34
The ratio of Azerbaijan's public debt to gross domestic product (GDP) will be 28.9% in 2021-2022, Report informs, citing the International Monetary Fund (IMF).
According to the IMF, last year, this figure was 21.4%.
The Azerbaijani Ministry of Finance earlier said that as of July 1, 2021, the total amount of public debt (foreign and domestic) amounted to AZN 17.352 billion or 21.6% of GDP. The foreign public debt accounted for over AZN 14.625 billion or 84.3% of the total public debt, while the domestic public debt amounted to over AZN 2.726 billion or 15.7%.
Author
Latest News
17:30
Qatar's Foreign Ministry strongly condemns Houthi attacks on Riyadh
Other countries17:10
Photo
TURKSOY-initiated fine arts symposium, exhibition held in Azerbaijan's Khankandi
Cultural policy16:50
Trump makes attempts to resolve conflict in Ukraine - US envoy to UN
Other countries16:30
Ukrainian Embassy congratulates Azerbaijan on State Sovereignty Day
Foreign policy16:10
Iran will keep Strait of Hormuz closed until US accepts its terms - parliamentary speaker
Region15:50
French diesel prices hit fresh record amid global supply disruption
Other countries15:31
Photo
Khojavand hosts large-scale events for City Day
Domestic policy15:26
Death toll from road accident in Russia's Arkhangelsk region rises to 14
Region15:17