Azerbaijan’s Debt to Asian Development Bank Drops by Nearly 7%

As of July 1, Azerbaijan's debt to the Asian Development Bank (ADB) made up 34.9% of the country's external public debt, amounting to $1.748 billion.

According to the Ministry of Finance, that this represents a 6.8% decrease compared to the same period last year, The Caspian Post reports.

Overall, Azerbaijan’s external public debt stood at $5.01 billion as of the reporting date.