President: ‘We can zero entire debt in one day’

'Azerbaijan is one of the leading countries in the world in terms of ratio of external public debt to gross domestic product (GDP) (7.5%)' - This was stated by President Ilham Aliyev on 26 September at a meeting on economic issues. ‘Our debt-to-GDP ratio allows us to spend less on repaying external debt in the future. Let's see, maybe it will be useful to repay some debts early. If we want to, we can zero out all the debt in...

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