Azerbaijan's strategic foreign exchange reserves are 14 times higher than its external public debt, Azer Amiraslanov, chairman of the parliamentary committee on economic policy, industry and entrepreneurship, said at today's plenary session of parliament, Report informs.
He noted that the country's current foreign exchange reserves amount to $73 billion, which equals the expected gross domestic product by the end of the year and is 14 times higher than the direct external debt of $5.3 billion.