Azerbaijan reduces debt to Islamic Development Bank by more than 10%

Kanan Sadigov
Author

Azerbaijan reduced its debt to the Islamic Development Bank by 10.2% in the first half of the year.

Report informs, citing the Ministry of Finance, that, according to the data provided, as of July 1 of the current year, Azerbaijan's external public debt amounted to $5.0107 billion. Obligations to the Islamic Development Bank accounted for 4.9% of this, or $245.4 million.

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