Georgian Announces External Debts to Azerbaijan
Georgia, Tbilisi /corr. Trend N.Kirskhalia / Georgia is gradually repaying its debts to foreign countries, including Azerbaijan. As of 30 June, the debts for Azerbaijan amounted to $14.5mln., a source at Finance Ministry of Georgia stated.
As of 30 June, the external State debts of Georgia and credits obtained under State guarantee amount to $1.7bln. Last year the figure totaled $1.75bln. The gross debt for bilateral credits amounts to $533.5mln.
Of them, $2mln should be repaid to Austria, $22.36mln to Turkmenistan, $50.5mln to Turkey, $11.4mln to Iran, $132.2mln to Russia, $41.36mln to the US, $17.6mln to Armenia, $386,000 to Uzbekistan, $353,000 to the Ukraine, $27.8mln to Kazakhstan, $152.3 to Germany, $42.4mln to Japan, $14mln to Kuwait and $4.3mln to the Netherlands.
In addition, Georgia has debts to international institutions in the amount of $1.15bln, with $237.2mln to the International Monetary Fund, $805.5mln to the International Development Association, $10.5mln to the International Agriculture Development Fund, $77.34mln to European Unity, and $22.2mln to the European Bank for Reconstruction and Development.
The amount of credits obtained under State guarantee totals $15.8mln, with $11.8mln to EBRD and $4mln to Germany.