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Aliyev: This could be a potential risk for Azerbaijan

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Aliyev: This could be a potential risk for Azerbaijan

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.

Date
2023.12.09 / 10:41
Author
Axar.az
See also

State banquet held in honor of Aliyev and First Lady

Aliyev invites Japarov to pay state visit to Azerbaijan

Kyrgyzstan and Azerbaijan found reliable friend in each other

Aliyev, Japarov deliver press statements

Award ceremony held for Azerbaijan, Kyrgyz leaders

Azerbaijan and Kyrgyzstan exchanged the documents signed

Aliyev thanks Kyrgyzstan for Garabagh reconstruction support

Azerbaijan and Kyrgyzstan hold Interstate Council meeting

Aliyev holds one-on-one talks with Japarov

Official welcome ceremony held for Aliyev in Cholpon-Ata

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