Azerbaijan sent $136,3 mln. to service its foreign (external) debt in 2006. Trend has been informed in the Azerbaijan Finance Ministry, that $97,2 mln. was sent to return the major debt of the country, and $39mln. вЂ" to interest rates on credits received. The return at expense of the budget reached $26,3 mln.
The external obligations of the country to January 1, 2007 reached $1972 mln. which makes up 9,9% out of Azerbaijan GDP. The part of the credits spent in January-December, 2006 was $350,3 mln. 20% ($394,1 mln.) in the structure of the external debt fall at credits intended for economic reforms, with $135 mln. (6,8%) out of them вЂ" at the expense of borrowings taken from IMF, $259,1 mln.(13,1%) - WB. Most part of the credits was involved in financing investments projects in the country вЂ" $1577,9 mln. (80%). At the same time 37,4% ($738,1 mln.) out of these funds were intended for the energy sector, 7,1% ($141 mln.) вЂ" agriculture and melioration, 16,1% ($317,7 mln.)- road building and repair works and transport, 1,8% ($34,6 mln.) вЂ" chemical industry, 1,4% ($26,7 mln.)- oil and gas sector, 8% ($157,8 mln..)- social spheres, etc.