Azerbaijan repaid over $$1B in debt in 2022

Finance
  • 23 January, 2023
  • 09:48
Azerbaijan repaid over $$1B in debt in 2022

In 2022, 17,739.9 million manats ($10.44 billion), or 55.3% of the state budget expenditures, were current expenses, 12.533 million manats ($7.37 billion), or 39.1%, - capital expenses, 1,790.4 million manats ($1.05 billion), or 6.5%, - expenses related to servicing the state debt and obligations.

Report informs, citing the Ministry of Finance, that these are 6.9% more, 45.1% more, and 18.6% less than in 2021, respectively.