Baku: As of August 1, 2026, Azerbaijan's external public debt stood at $4.5908 billion, marking a 7.5% decrease compared with the same period last year, according to the State Statistical Committee.

According to Azerbaijan State News Agency, this decline in external public debt reflects significant fiscal management and economic planning by the Azerbaijani government. The reduction is viewed as part of ongoing efforts to improve the country's financial stability and reduce reliance on external borrowing. The decrease in debt is also expected to positively impact Azerbaijan's international financial standing and credit rating.

The State Statistical Committee's report highlights the government's strategic initiatives to ensure economic growth while managing public finances effectively. The decline in debt may result in increased investor confidence and could attract further foreign investment into the country. This development is seen as a key indicator of Azerbaijan's commitment to maintaining a sustainable economic environment.