Azerbaijan plans to optimize external borrowing

Azerbaijan's foreign debt is eight to nine percent of the GDP, and the government's steps will be to optimize this indicator.

This was said on Tuesday by chairman of the parliament committee on economic policy Ziyad Samadzadeh during the discussion of the bill on the state budget for 2013 and the next three years.

In 2013, the borrowing limit decreased by 1.3 billion manat compared with 2012, or by 62.5 percent to 750 million manat.