Fitch discloses its forecast on Azerbaijan’s foreign debt ratio to GDP

Fitch discloses its forecast on Azerbaijan’s foreign debt ratio to GDP
  • Clock-gray 10:26
  • calendar-gray 27 January 2020

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.

Mirsaid İbrahimzade

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