Azerbaijan plans to repay nearly AZN 1.5B of debt

Expenditures on public debt in the state budget for 2020 are planned to be AZN 2,485,200,000 ($1,462,000,000), including interest expenditures to be AZN 775.4 million, Report informs referring to the Ministry of Finance.

The government is planning to borrow $ 559.4 million from abroad, AZN 100 million in the country.

As at the end of this year, Azerbaijan’s external public debt is forecasted to be $8,860,000,000, internal public debt to be AZN 1,420,000,000.