12:10 - 25.11.2024

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 November 25, Fineko/abc.az. Azerbaijan's strategic foreign exchange reserves are 14 times higher than its external public debt.

ABC.AZ reports that Azer Amiraslanov, chairman of the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship, said about this at today's plenary session of parliament.

He noted that the country's current foreign exchange reserves amount to $73 billion, which equals the expected gross domestic product by the end of the year and is 14-fold more than the direct external debt of $5.3 billion.

 November 25, Fineko/abc.az. Azerbaijan's strategic foreign exchange reserves are 14 times higher than its external public debt.

ABC.AZ reports that Azer Amiraslanov, chairman of the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship, said about this at today's plenary session of parliament.

He noted that the country's current foreign exchange reserves amount to $73 billion, which equals the expected gross domestic product by the end of the year and is 14-fold more than the direct external debt of $5.3 billion.