Georgia’s debt to Azerbaijan declines

As of July 1, 2019, Georgia’s debt to Azerbaijan made up $7.269 million, down $166,000 compared to the previous month, Report’s Georgian bureau informs citing Finance Ministry.

By contrast to a month earlier, Georgia’s total external debt dropped by $70,900 to $5,438,040,000. Government accounts for $5,229,508,000 of this amount.

Georgia’s debt to Germany, France and Japan remained unchanged at $317.048 million, $241.016 million and $218.843 million respectively.

Georgia’s debt to Turkey, Russia and Armenia dropped to $13.980 million, $56.478 million and $7.903 million respectively.

Georgia’s debt to Azerbaijan declines

As of August 31, 2017, Georgia’s public debt to Azerbaijan makes up $8,995,000.

According to Finance Ministry of Georgia, the debt declined $0.347 million.

Georgia’s external public debt and loans borrowed under the state guarantee stood at $4,946,000,000, of which $4,901,000,000 falls to share of the government.

Georgia owes $289 million to Germany, $210 million to Japan, $132 million to France, $17.2 million to Turkey, $72.5 million to Russia and $10.3 million to Armenia.