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Debts of private sector will be calculated in Azerbaijan

We preserved the independence of the economy through domestic borrowings

Baku. 13 October.REPORT.AZ/ "We have to count the debts of both state and private sector, and to keep statistics.Keeping these statistics is also important for private enterprises."

Report informs, at today's session of the Parliament of the Milli Mejlis Chairman of the Committee on Economic Policy Ziyad Samadzade said. 

According to him, cases where private companies do not return the debt also affects to receiving a rating.Chairman of the Committee said that the rights of the Central Bank will be expanded in connection with the borrowings.

Z.Samedzadeh also noted that statistics for the balance of payments should be improved.

According to him, Azerbaijan has low levels of domestic borrowing: "So we are going to domestic borrowing. In this way we preserve independence of the economy."

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