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Georgia reveals volume of its foreign debt to Azerbaijan

Georgia Materials 28 October 2021 16:58 (UTC +04:00)
Georgia reveals volume of its foreign debt to Azerbaijan

BAKU, Azerbaijan, Oct. 28

By Maryana Akhmedova – Trend:

The volume of Georgia's foreign debt to Azerbaijan in September 2021 remained unchanged, compared to August 2021 and amounted to $4.4 million, Trend reports via Ministry of Finance of Georgia.

According to the Finance Ministry’s report, Georgia’s debt to Azerbaijan in September 2021 decreased by $450 million, compared to $4.85 million in July 2021.

Furthermore, Georgia's national debt to Turkey amounted to $8.5 million, to Russia – $31.5 million, and to Armenia – $4.2 million.

Meanwhile, Georgia’s total foreign debt in September 2021 amounted to $7.9 billion, of which $7.5 billion accounted for the government debt.

According to the report, Georgian foreign debt in September 2021 decreased by $72.1 million, compared to $8 billion in August 2021.

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