Balance of Azerbaijan’s Provision Fund down over 9 months

Kanan Sadigov
Author

The balance of the fund for providing obligations on public debt and guarantees (Azerbaijan’s Provision Fund) as of September 1, 2023 amounted to 30.4 million manats ($17.882 million) and $430 million, Report informs referring to the Ministry of Finance.

This is 189.8 million manats ($111.647 million) or 19.3% less than as of January 1.

During the reporting period, the balance of the Guarantee Fund in manats decreased by 16.1 times, and the balance in dollars increased by 48.3%.

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