Georgia Divulges State Debt to Azerbaijan

Business Materials 2 June 2008 17:12 (UTC +04:00)

Georgia, Tbilisi, 2 June / corr. Trend n. Kirtskhalia/ As of 1 May 2008, Georgia owed Azerbaijan $14.464mln, the Minister of Finance of Georgia said, reported special correspondent of Trend in Tbilisi.

As of 1 May, the state foreign debt and total volume of the loans under state guarantee of Georgia made up $2.359bln.

Georgia owed $1.306bln to the international finance institutions including IFC - $242.859, World Bank and International Development Association - $932.686, International Fund for Development of Agriculture - $12.389, and EBDR - $28.816.

The correspondent can be contacted at: [email protected]