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Azerbaijan is no longer country receiving foreign aid or international loans - President Ilham Aliyev

Politics Materials 18 May 2022 22:35
Azerbaijan is no longer country receiving foreign aid or international loans - President Ilham Aliyev

BAKU, Azerbaijan, May 18. Azerbaijan is no longer a country receiving foreign aid or international loans, President of the Republic of Azerbaijan Ilham Aliyev said addressing the Azerbaijan-Lithuania business forum, Trend reports.

"Yes, we do take loans, but we attract them only for high-tech projects. At the same time, we have already become a donor country. We provide loans ourselves. And our reserves can nullify the external debt in a matter of a few months. This is evidence of a good economic situation and allows us the opportunity to correctly plan our further reforms," the head of state said.

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