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Azerbaijan to see growth in public debt/GDP ratio by 2023
Finance
- 06 October, 2021
- 08:56
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The ratio of Azerbaijan’s public debt to GDP will be 17.6% this year, Report informs, citing Europe and Central Asia Economic Update by the World Bank.
The Bank says this figure will be 17.9% next year and 17.5% in 2023.
According to the Ministry of Finance, the external public debt in the first half of 2021 stood at USD 7,839,000,000 or 16.6% of GDP, 2.5% less than early 2021.
Author
Azərbaycanın dövlət borcunun ÜDM-yə nisbəti 2023-cü ilədək artacaq
Отношение госдолга Азербайджана к ВВП увеличится к 2023 году
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