Georgia’s debt to Azerbaijan declines

Georgia’s debt to Azerbaijan declines
  • Clock-gray 08:52
  • calendar-gray 13 September 2017

As of August 31, 2017, Georgia’s public debt to Azerbaijan makes up $8,995,000, APA’s Georgia bureau reports.


According to Finance Ministry of Georgia, the debt declined $0.347 million.  


Georgia’s external public debt and loans borrowed under the state guarantee stood at $4,946,000,000, of which $4,901,000,000 falls to share of the government.


Georgia owes $289 million to Germany, $210 million to Japan, $132 million to France, $17.2 million to Turkey, $72.5 million to Russia and $10.3 million to Armenia. 

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