Azerbaijan repays over $588M debt in 9 months

Azerbaijan repays over $588M debt in 9 months In the months of January-September of this year, 12,669.4 ($7.5 billion) million manats or 61.9% of the state budget expenses were current expenses, 6,608.3 million manats ($3.9 billion) or 32.3% were capital expenses, 1,193.0 million manats ($701.8 milli
Finance
October 21, 2022 10:33
Azerbaijan repays over $588M debt in 9 months

In the months of January-September of this year, 12,669.4 ($7.5 billion) million manats or 61.9% of the state budget expenses were current expenses, 6,608.3 million manats ($3.9 billion) or 32.3% - capital expenses, 1,193.0 million manats ($701.8 million) and or 5.8% - expenses related to servicing the state debt and obligations.

Report informs, citing the Ministry of Finance, that these are 10.4% more, 39.9% more, and 21.2% less than the same period of last year, respectively.

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