Moody's keeps forecast for Azerbaijan's foreign government debt unchanged

Moody's keeps forecast for Azerbaijan's foreign government debt unchanged
  • Clock-gray 18:00
  • calendar-gray 18 December 2020

Moody's Investors Service has not changed its forecast of 19.7% for Azerbaijan's foreign government debt/GDP ratio, APA-Economics reports citing Moody's.

This is 0.8% percentage points more compared to the previous indicator in 2019.

Note that as of January 1, 2020, Azerbaijan's foreign government debt amounted to $ 9,091 billion or 18.9% of GDP.

 
 

Mirsaid İbrahimzade

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