Georgia owes over $11mln to Azerbaijan

The volume of the state external debt of Georgia and loans borrower under state guarantees made over $4.15bn, according to the Georgian Finance Ministry as of July 31, 2015.

Since the beginning of the year the state debt of Georgia has dropped by $50.3mln.

News.Az reports with reference to Georgian mass media that of the total debt of the Georgian government makes $4.12bn.

Georgia has 17 bilateral creditors to whom it owes $704mln. Azerbaijan is also among the creditors. Georgia's debt to our country makes $11,111,000.