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Georgia discloses amount of debt to Azerbaijan

Finance Materials 15 February 2020 15:15 (UTC +04:00)
Georgia discloses amount of debt to Azerbaijan

BAKU, Azerbaijan, Feb. 15

By Tamilla Mammadova – Trend:

As of February 1, 2020, Georgia’s debt to Azerbaijan made up $6.69 million, Trend reports referring to Ministry of Finance of Georgia.

As reported, Georgia’s total external public debt decreased by $63,000 month-on-month to $5.67 billion. Meanwhile, government debt accounts for $5.42 billion of this amount.

Georgia’s debt to Germany amounted to $369.39 million, to France - $324.05 million, and to Japan - $211.52 million.

Georgia’s debt to Turkey and Russia in a monthly comparison remained unchanged at $12.9 million and $51.35 million, respectively.

Meanwhile, in January 2020, $26.1 million was sent from Russia to Georgia, $6.6 million - from Turkey.

Some 91.4 percent of the total money transfers from abroad to Georgia came from 14 largest partner countries, with the volume of transfers from these countries each exceeding $1 million in January 2020.

In January 2020, Georgia received money transfers worth $52.4 million from the EU countries, including $21 million from Italy, $14.8 million from Greece, $3.8 million from Germany, $3.4 million from Spain, $1.8 million from Poland, $1.8 million from France, and $1.1 million from the UK.

As reported, $13.5 million to Georgia came from the US, $13 million from Israel, $3.5 million from Ukraine, $1.9 million from Kazakhstan, $1.7 million from Azerbaijan.

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