Aliyev: This could be a potential risk for Azerbaijan

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We have a very stable political system, and our people have a very strong unity, especially after the historic Victory in which our occupied territories were liberated. Our economic activity is successful. Our economy is self-sufficient, we do not depend on foreign loans. As I mentioned, the foreign debt will be only 7 percent of the GDP next year. If you look at our convertible currency reserves and our foreign debt, you will see that our convertible currency reserves are ten times more than the debt. So, in other words, we can pay our foreign debt in one month. There are not many countries in the world that can do this.​

Axar.az reports that President of Azerbaijan Ilham Aliyev expressed this opinion in an interview with "Euronews" television.

2023.12.09 / 10:41
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