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Strategic currency reserves of Azerbaijan exceed external public debt by almost 15 times
As of April 1, 2025, Azerbaijan's strategic foreign exchange reserves (State Oil Fund of the Azerbaijan Republic and the Central Bank of the Azerbaijan Republic) amounted to 73.8 billion US dollars, which is approximately 14.6 times higher than the external public debt.
This was reported by APA with reference to the Ministry of Finance.
Note that in 2023, the country's strategic foreign exchange reserves exceeded the external public debt by 10.5 times, and in 2024 - by 13.9 times.
Recall that as of April 1, 2025, the external public debt amounted to 5.067 million US dollars, or 6.6% of the projected GDP for 2025. Compared to January 1, 2025, the external public debt decreased by 62.7 million US dollars.
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