Date: 21 May 2019, 14:31, READ:
He noted that this indicator in the first quarter of this year is slightly different from the figures for the beginning of the year.
"One of the important tasks of state policy is to improve public debt management,” he said. "In this regard, Azerbaijan plans to develop mechanisms to improve public debt management. We plan to reduce public debt in foreign currency and replace it with national currency debt.”
He noted that such a scheme will make it possible in many ways to increase the sustainability of the regulation of public debt.
Azerbaijan’s direct and guaranteed external debt amounted to $8.927 billion as of January 1, 2019, while in 2018, it decreased by 5 percent.