Baku: As of April 1, 2026, Azerbaijan's external public debt stood at $4.689.3 billion, marking a 7.5% decrease compared to the same period last year, according to the State Statistics Committee.
According to Azerbaijan State News Agency, this significant reduction in external public debt reflects the country's ongoing efforts to manage its financial obligations more effectively. The decline indicates progress in fiscal policies aimed at reducing reliance on external borrowing and improving economic stability.
The State Statistics Committee's data highlights the government's commitment to maintaining a sustainable debt level while continuing to support economic growth. The reduction in debt is seen as a positive indicator of the country's financial health and its ability to meet international financial standards.