Azerbaijan’s external debt reaches $1.8bn
16 October 2006 13:49 (UTC +04:00)
He said the ratio of external debt to the gross domestic product is 9.2%.
“This ratio is 50-60% in some CIS states. It is risky. We should use credits efficiently to balance debt policy. The increase of external debt is not problematic,� he said.
Samadzade thinks the external debt of Azerbaijan will not exceed the current limit. And, Azerbaijan is expected to turn to a creditor in near future. /APA/
“This ratio is 50-60% in some CIS states. It is risky. We should use credits efficiently to balance debt policy. The increase of external debt is not problematic,� he said.
Samadzade thinks the external debt of Azerbaijan will not exceed the current limit. And, Azerbaijan is expected to turn to a creditor in near future. /APA/
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