World Bank: Lowest public debt in the region to be in Azerbaijan in 2020-2022

World Bank: Lowest public debt in the region to be in Azerbaijan in 2020-2022
  • Clock-gray 12:06
  • calendar-gray 06 November 2020

According to the latest forecasts of the World Bank, ratio of the public debt of Azerbaijan to GDP will be 19.6%, which will be the best indicator in the Central Asia and Caucasus region, in which the country included, APA-Economics reports citing World Bank report.

Although this indicator is expected to reach 20% in 2021, while 20.6% in 2022, Azerbaijan will be a leader in the region as a country with the lowest debt.

Mirsaid İbrahimzade

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