BAKU, Azerbaijan, April 22. Reduction of
foreign debt, I think this plan is done. We have a foreign debt
which is equal to 6.1% of our GDP, said President Ilham Aliyev
during his speech at the Azerbaijan-Latvia business forum,
Trend reports.


“Our currency and gold reserves exceed the foreign debt by more
than 18 times. So in other words, we could reduce our foreign
commitments to zero within probably a couple of months,” the head
of state pointed out.


“But of course, there is a big demand for additional
investments,” President Ilham Aliyev added.