Georgia Owes Azerbaijan Over $14mln

Business Materials 28 February 2008 16:52 (UTC +04:00)

Georgia, Tbilisi, 28 February / corr Trend N.Kirtzkhalia / As on 31 January 2008, Georgia's state liabilities and the total amount of loan comprised $1.81bln, as compared to $1.688bln on 31 January 2007, the Georgian Finance Ministry said.

Over the past few years, there was observed drop in the amount of debts, whilst drop in euro and Georgian lari caused increase in the amount of foreign debts calculated in US dollar.

As on 31 Jan, Georgian debts under bilateral creditors made up $527mln, including $14.464mln owed to Azerbaijan.