Committee Chairman: Azerbaijan's foreign public debt makes 18% GDP

Committee Chairman: Azerbaijan's foreign public debt makes 18% GDP Baku. 29 November. REPORT.AZ/ The private sector in Azerbaijan's gross domestic product (GDP) makes over 80%.
Finance
November 29, 2017 16:43
Committee Chairman: Azerbaijan's foreign public debt makes 18% GDP
Report/ Orkhan Azim

Baku. 29 November. REPORT.AZ/ The private sector in Azerbaijan's gross domestic product (GDP) makes over 80%.

Report informs, Ziyad Samadzade, Chairman of Milli Majlis Committee on Economic Policy, Industry and Entrepreneurship said at the conference on "Real Estate, Privatization and Investments" in Baku.

He also noted that Azerbaijan is the leader among developing countries in terms of lower ratio of foreign public debt to GDP: "Today, Azerbaijan's foreign public debt equals 18% of GDP, which is the best indicator among developing countries". 

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