Georgia’s state debt to Azerbaijan amounts to over $ 9 mln

Georgia’s state debt to Azerbaijan amounts to over $ 9 mln
  • Clock-gray 15:11
  • calendar-gray 14 August 2017

According to information as of July 31, 2017, Georgia’s foreign debt and volume of loans received under government guarantee totaled $ 4.9 billion.

 

APA reports quoting Georgia’s Finance Ministry that $ 4.8 billion of the total debt is owed by the government.

 

Georgia's state debt to Azerbaijan is $ 9,342,000.

 

The neighboring country owes most of its debt to Germany ($ 284 million), Japan ($ 208 million) and France (about $ 114 million).

 

Georgia's debt to Turkey, Russia and Armenia is $18 million, $75 million and $11 million respectively.

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