Azerbaijan preparing new strategy for managing gov’t debt

Azerbaijan preparing new strategy for managing gov’t debt

Baku, Azerbaijan, May 31

By Azad Hasanli – Trend:

The Azerbaijani government is preparing a strategy for public debt management, said the country’s Finance Minister Samir Sharifov.

He was addressing a plenary session of Azerbaijan’s Parliament in Baku May 31.

Sharifov noted that currently, important projects are being implemented for the purpose of reducing the Azerbaijani economy's dependence on oil.

“All this will ultimately allow us ensuring stability of the economy and neutralizing external shocks,” the minister added.

As of January 1, 2017, the volume of Azerbaijan’s external public debt was $6,913.2 million (12,241.3 million manats), which is 20.4 percent of the country’s GDP.

Subscribe to Trend in Google News! Subscribe
Uzbekistan, Kyrgyzstan discuss creation of trade-logistics complexes in border areas
Uzbekistan, Kyrgyzstan discuss creation of trade-logistics complexes in border areas
No emergencies recorded during parliamentary elections: Kyrgyz ministry
No emergencies recorded during parliamentary elections: Kyrgyz ministry
According to preliminary results 6 parties may enter Kyrgyz Parliament
According to preliminary results 6 parties may enter Kyrgyz Parliament
Loading Bars
Latest
Azerbaijan's air defense units carry out combat firing exercises (VIDEO)
Top Russian, Mongolian defense officials discuss cooperation
Azerbaijani currency rates for November 30
"International Youth Festival of Modern Muslim Culture" ended in Kazan (PHOTO)
French inflation hits 13-year high in November
World oil demand to rise in 2022
German companies express interest in investing in Azerbaijan's Alat Free Economic Zone
Kazakhstan’s oil construction company opens tender for electrical equipment
Azerbaijan sees increase volume of loans issued for construction sector
Military helicopter crashes in Azerbaijan
Kazakh energy minister talk sale of hydroelectric power plants to UAE
Iran wants lifting of all sanctions - AEOI
State Agency on Vocational Education and Azerconnect sign Memorandum of Understanding
Volume of Azerbaijani gas exports to Turkey disclosed
Japan confirms first case of Omicron variant of coronavirus
International Court of Justice to deliver its order on Azerbaijan's case against Armenia
Kazakhstan’s manufacturing industry maintains stable growth – ministry
Georgian stock market eyes additional investments
Kazakhstan’s KazMunayGas, Russia’s Tatneft establish JV for butadiene rubbers production
Azerbaijan, Iran implementing important projects - ambassador
Uzbekneftegaz obtains new industrial gas flow from Shimoliy Dengizkul field
Iran records increase in exports from Chaharmahal & Bakhtiari Province
Azerbaijan discloses volume of contaminated potatoes returned to Georgia
Vietnam to localize production of Russian Sputnik V vaccine
Kazakhstan's PM talks industrial development
Turkmenistan-Azerbaijan-Iran gas swap deal: chance to strengthen energy co-op
Uzbek BMB Group to organize export of saffron to Spain
India steps ups COVID-19 testing for international flyers
IIT-Guwahati develops coating for cloth masks for better COVID protection
India-Singapore flights commence under vaccinated travel lane
Number of flights via Iran’s Tabriz International Airport up
Georgia releases COVID-19 data for November 30
Vice admiral R Hari Kumar to take over as new chief of Naval staff today
JP Morgan expects Azerbaijan’s oil output to fall in 2023
CEO of European Azerbaijan School explains goals of hosting first IB conference (PHOTO/VIDEO)
Azerbaijan shows footage from Kalbajar's liberated Gilinjli village (VIDEO)
Azerbaijani oil prices increase
Azerbaijan sees growth in real estate registration rate for 10M2021 (Exclusive)
Iranian currency rates for November 30
Azerbaijan approves procedure for providing COVID-19 certificate
Uzbekistan shares updated COVID-19 data
Georgia shares data on TOP-5 potato export destinations for 10M2021
Kazakhstan’s Kazinform joins Turkic World media platform (PHOTO)
JP Morgan reveals forecasts for Azerbaijan’s 2021 oil output
Oil gains on bets OPEC+ will pause output hike
Azerbaijan approves amendments to law on vocational education
Azerbaijan may give incentives to support taxpayers offering local transport and forwarding services
Pakistan, Iran discuss establishment of barter system
Baku-Supsa loaded 1000th tanker at Supsa terminal on the Black Sea
Australian scientists establish platform to combine human, machine intelligence
Iran oil ministry requires more share from revenues - Energy Commission
Oil prices rise on bets OPEC+ will hold off output hike
654 more COVID-19 cases reported in Kazakhstan
Israel discovers 1,900-year-old industry building, large cemetery
Global coalition seizes 145.3 tonnes of cocaine - Colombia's navy
Snowfalls, heavy rains and strong winds hit Italy and Spain
Eight Iraqi officers probing attack on PM arrested on charges of negligence
Biden urges calm over Omicron COVID-19 variant
Germany's SPD will announce its ministers next week
Messi wins The 2021 Ballon d'Or
Georgia’s electricity exports double
Wild winds in Turkey claim lives, close Bosphorus strait
Azerbaijan represented at III Pacific Alliance International Cooperation Forum
Iran top nuclear negotiator, Mora meet ahead of Vienna talks
Uzbekistan, Kyrgyzstan discuss creation of trade-logistics complexes in border areas
Twitter CEO Jack Dorsey to step down
Georgian delegation leaves for Brussels
Azerbaijani, Saudi Arabian foreign ministries hold consultations
Famous artist receives Azerbaijani citizenship
Azerbaijan holds expanded meeting of Operational Headquarters for Combating COVID-19 (PHOTO)
Azerbaijan approves COVID-19 certificates
Azerbaijan discloses state budget revenues through State Customs Committee
Volume of loans issued in Azerbaijan’s real estate sector increases
Price indexes of industrial, construction sectors at Uzbek stock exchange fall
Kazakhstan to build hybrid solar power station
Azerbaijan's foreign trade turnover increases in 10M2021
Some CSTO members’ congratulations to Azerbaijan show Armenia's insignificance in CSTO - analyst
Interest rates on consumer loans in Georgia increase
Uzbekistan starts construction of new branch of Gazli-Kagan gas pipeline
Kazakhstan eyes increasing container shipments
SOCAR projects increase in local manufacturing of fuel products from 2023
IRENEX shares data on sales of Bandar Imam Petrochemical Company
Turkmen Ministry of Textile extends tender for modernization of cotton-spinning factory
Snam to increase spending on energy transition activities
Iran eyes decrease in passenger transportation via Bandar Abbas International Airport
Turkmenistan becomes Uzbekistan’s second largest gasoline supplier
Azerbaijan adopts new state standard on farming activities
Azerbaijan Deposit Insurance Fund reveals number of loans of liquidated banks
Uzbek Statistics Committee shares data on import of cement
Azerbaijan rapidly continues construction of Barda-Aghdam highway (PHOTO)
Iran discloses details of its daily gasoline production
Snam reveals investment plans by 2024
Snam expects to achieve sustainable growth of main indicators in 2021-2025
Snam raises methane emissions reduction target
Azerbaijan’s economy minister talks projects submitted for country's industrial parks
New deputy ministers of Youth and Sports of Azerbaijan appointed
Georgia’s Partnership Fund to be renovated – minister
Iran resuming exports to Tajikistan through Turkmenistan's routes
SOCAR returns part of loans through its activities in Turkey
Issue of building railway, highway along Araz River resolved – Turkish President
All news