WB: Azerbaijan's public debt to decrease in 2023-2024

WB: Azerbaijan
# 07 April 2023 10:15 (UTC +04:00)

World Bank (WB) forecasts that public debt of Azerbaijan will decrease by 2025, APA-Economisc reports citing WB.

Acording to the report World Bank made, share of Azerbaijan's public debt in GDP will decrease from 11.7% in 2022 to 10.9% in 2023.

This is 0.2% more than the World Bank's October 2022 forecast.

The World Bank reduced the share of public debt in GDP for year of 2024 by 0.2% to 10.8%. For 2025, this indicator is predicted to be 11%.

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