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Azerbaijani Parliament Passes Law on State Debt

Business Materials 22 May 2007 20:30 (UTC +04:00)

Azerbaijan, Baku / Trend corr I. Alizadeh / A Law on State Debt was adopted at the meeting of the Milli Majlis (Azerbaijani parliament) on 22 May. The draft law was developed by the permanent parliamentary commission on economic policy of Azerbaijan.

The law regulates relations between the subjects implementing state guaranteed loans. The law was passed after discussions.

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