IMF forecasts more than 13% rise in Azerbaijan’s public debt 

In 2021, Azerbaijan’s public revenues are expected to rise 13.4% to AZN 27.871 billion, Report informs, with reference to the IMF.

This figure will be AZN 29.971 billion (+7.5%) in 2022, AZN 29.486 billion (-1.6%) in 2023.

The public debt ratio to the GDP will make up 32.8% in 2021, 34.7% in 2022, and 33.2% in 2023.

According to the State Statistical Committee, the public revenues increased by 0.6% to AZN 14,049,300,000 in January-July 2021.