Tuesday, 02 January 2024 12:17 GMT

Azerbaijan's Foreign Debt Drops Amid Eurobond Repayments And New Variable-Rate Loans


(MENAFN- AzerNews)

During the reporting year, the repayment of Eurobonds to investors led to a significant decrease in Azerbaijan's foreign government debt. At the same time, new loan agreements with variable interest rates were signed, Azernews reports, citing the Chamber of Accounts' opinion on the draft law“On the Implementation of the State Budget for 2024.” Compared to the previous year, direct foreign government debt decreased by....

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