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%.