Azerbaijan’s budget to direct AZN 1.315 bn to pay state debt in 2021


September 9, Fineko/abc.az. In 2022-24, Azerbaijan will allocate AZN 7.214 bn for the payment of the state debt.

ABC.AZ informs that this is stated in Finance Ministry’s report on the macro-fiscal base for 2022-25, as well as on the preliminary indicators of the consolidated and state budgets for 2022.

AZN 1.912 bn will be allocated to repay the state debt in 2022, AZN 1.792 billion in 2023, AZN 1.814 bn in 2024, and AZN 1.696 bn in 2025.

Azerbaijan paid more than AZN 883.5 million to repay the state debt for the 1st half of 2021 and is going to cover another AZN 1.315 bn in the 2nd half of the year.