BAKU, Azerbaijan, February 13. Azerbaijan's
foreign state debt stands at $5.1 billion as of January 1,
2025.
The data obtained by Trend from the Ministry of Finance indicates that 35.1
percent of the foreign state debt portfolio is tied up with the
Asian Development Bank (ADB), 27.0 percent is linked to euro bonds,
15.8 percent is owed to the World Bank (WB), and 22.1 percent is
chalked up to other creditors.
To note, the State Oil Fund of the Republic of Azerbaijan
(SOFAZ) and the Central Bank of Azerbaijan (CBA) hold reserves
totaling $71 billion, which exceed the country's foreign state debt
by approximately 14 times at the end of the reporting period.
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