Azerbaijan’s Foreign Debt Increased by 5.1 % in 2014

Azerbaijan’s Foreign Debt Increased by 5.1 % in 2014 The foreign state debts of Azerbaijan made 6,380 billion dollars (5,005 billion manat) and the ratio of the foreign state debts on the Gross Domestic Product (GDP) was 8.5 percent for October 1, 2014. The country’s foreign debt increased by 5.1 % in 2014. The total debt was 4,753 billion manat and share of the debt in GDP was 8.2 % in January, 01, 2014. Ministry of Finance reports that 7.4% of the borrowings have been... Read More