Azerbaijan reduced direct and guaranteed external public debt in foreign currency as of January 1, 2019 by 5% to $ 8.927 billion, while the ratio of the country's external debt to GDP fell to 19% from 24% a year earlier. This was announced by Samir Sharifov, the head of the Azerbaijani Ministry of Finance, at the Asian Regional Forum on Government Debt Management in Baku on May 21.The work on reducing the public debt is carried out within the fra...

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