Tajikistan: external debt-GDP ratio up

Tajikistan’s external debt-to-GDP ratio has reached 35.9%, Tajik Finance Minister Abdusalom Qurboniyon announced at a news conference in Dushanbe. “As of June 30, Tajikistan’s external debt amounted to $2.27 billion, or 35.9% of the country’s gross domestic product (GDP)”, the minister said. Qurboniyon attributed increase in the external debt to implementation of a number of…

Belarus: external state debt up in H1 2016

As of July 1, Belarus’ external state debt totaled $13.1 billion, up by $637.1 million, or 5.1% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry said. In January-June external state borrowings totaled $943.8 million, including $500 million borrowed from the Eurasian Fund for…

Azerbaijan: 12 projects receive investment promotion documents

Twelve more entrepreneurs have received investment promotion documents worth a total of 106 million manats for their projects. The documents were handed to the entrepreneurs during the event organized by Azerbaijan’s Economy Ministry on July 29. Azerbaijan’s Deputy Economy Minister Niyazi Safarov said that despite the difficult economic situation in the world, Azerbaijan took systematic…