TODAY.AZ / Business

Azerbaijan's foreign debt exeeds $3.440 billion

24 May 2010 [14:30] - TODAY.AZ
As of April 1, 2010, the foreign national debt of Azerbaijan made $ 3 440.3 bln, up 0.5% compared with the beginning of 2010.
According to Ministry of Finance, the foreign debt per head on the used credits made $ 381.3, as of April 1, 2010. The debt borrowed by the state bodies was spent for implement of investment projects. This made $ 3126.38 mln or 90.88% of total foreign debt. In amount of $ 313.91 mln or 9.12% of foreign debt was spent for economic reforms. 7.45% of this was allocated by the World Bank and 1.67% by International Monetary Fund.


/APA/
URL: http://www.today.az/news/business/68554.html

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