In 2017, Azerbaijan to pay AZN 1,6B on foreign debts

In 2017, Azerbaijan to pay AZN 1,6B on foreign debts
# 27 December 2016 16:47 (UTC +04:00)

APA-Economics reports that next year, AZN 61,163,400 will be paid on domestic debts, AZN 40,158,416 of which accounts for interest payments and AZN 21,004,984 for payments on principal debts.

 

Besides, AZN 1,580,636,323 will be paid on foreign debts, AZN 341,809,356 of which accounts for interest payments and AZN 1,238,826,967 for payments on principal debts.

 

For 2017, the upper limit for domestic debt is AZN 1,000,000,000, while the figure is AZN 500,000,000 for foreign debt.

 

The upper limit of state guarantees is AZN 10,000,000,000 per year. 

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