Azerbaijan to spend about AZN2,5 bln for state debt next year

Azerbaijan to spend about AZN2,5 bln for state debt next year
  • Clock-gray 17:55
  • calendar-gray 13 September 2019

It is predicted that state debt costs will be AZN 2 458,2 mln, as well as percentage costs AZN 775,4 mln as part of the state budget for 2020 in Azerbaijan, Ministry of Finance told APA-Economics.

It is envisaged to use $ 559,4 mln on foreign debt in 2020 within the framework of signed credit agreements. At the same time, it is planned to involve in the amount of AZN 100 mln new debts (excluding refinancing loans) on internal debt during 2020.

Taking into account of projections of credit agreements signed for the beginning of 2020, it is predicted that foreign public debt of Azerbaijan will be $ 8 860,0 mln equivalent and internal public debt AZN 1 420,0 mln.

APA-Economics

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