Fitch Ratings International Rating Agency forecasts that ratio of the Azerbaijan’s foreign debt to GDP will be 18.3% this year, APA-Economics reports citing new report of the Agency.
According to the expectations of the Agency, Azerbaijan’s foreign debt ratio to GDP decreasing by 0.6% in comparison with forecast for this year will be 17.7% in 2021.
Note that this indictor was a little below of 19% at the end of the previous year.