Azerbaijan increased spending on servicing state debt and obligations by 82%
Azerbaijan's state budget expenditures on servicing public debt and obligations in January-September 2024 amounted to 1.2955 billion manats. This was reported by the Ministry of Finance.
According to the data, this is 81.5% more than the same period in 2023.
In 9 months, 1.1252 billion manats of the expenditures related to servicing public debt were allocated for external debt, and 170.3 million manats for domestic public debt servicing. This represents increases of 90.1% and 39.8% respectively compared to last year.
Finance
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Payments for services and other fees paid to municipalities in Azerbaijan will also be made in a non-cash manner.
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The Central Bank of Azerbaijan (CBA) has included five companies from four foreign countries in the register of foreign insurers, reinsurers, and insurance brokers.
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The date for the Central Bank of Azerbaijan's interest rate decision has been changed from October 30 to November 1.
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A regular board meeting was held under the chairmanship of the Chairman of the Chamber of Accounts, Vugar Gulmammadov. This was reported by the Chamber of Accounts.
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