World Bank forecasts that Azerbaijan's public debt to decrease

World Bank forecasts that Azerbaijan
# 04 October 2022 20:53 (UTC +04:00)

The World Bank (WB) has updated its forecast of Azerbaijan's public debt until 2025, "APA-Economics" reports citing the Bank's "Europe and Central Asia Economic Update" report.

The public debt as a percentage of GDP was set at 11.8% for the year 2022.

The World Bank forecasted that Azerbaijan's public debt will be 10.7% in 2023 and 11% in 2024.

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THE OPERATION IS BEING PERFORMED