Azerbaijan to receive more than 50 million manats on credits to Serbia and Georgia

  03 October 2016    Read: 1619
Azerbaijan to receive more than 50 million manats on credits to Serbia and Georgia
Receipts in the state budget of Azerbaijan in 2017 on the credits issued to Serbia and Georgia are predicted at the level of 50,8 million manats that is 39% more than an indicator in 2016, the Ministry of Finance told AzVision.az.
"In 2017, in the state budget of receipt on the credits issued to Serbia and Georgia are amounted to 50,8 million manats that for 14,3 million manats or 39% it is more than the previous one in 2016", the Ministry of Finance noted.

Growth is connected with increase in payments on the credit from Serbia.

Receipts in the state budget of Azerbaijan in 2015 on the credits issued to Serbia and Georgia constituted 18, 625,600 manats.

As reported earlier, on February 2, 2012 Azerbaijan and Serbia signed the agreement and the Azerbaijani side allocated the credit in the amount of 300 million euros for a construction of the section of Lig-Prelina Highway of the 11th Corridor highway between Serbia and Macedonia.

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