Minister of Finance of the Republic of Azerbaijan Samir Sharifov made a business visit to the Islamic Republic of Pakistan, the United Arab Emirates (UAE) and India on February 19-21***As of January 1st, 2018, the external public debt of the Republic of Azerbaijan constituted 9,398.3 million US dollars (equivalent 15,978.1 million manat). The Debt to the Gross Domestic Product ratio stands at 22.8 percent (based on 2017 GDP of AZN 70,135.1 mln)******

Ministry of Finance hosts celebration of Republic Day and centenary of Azerbaijan Democratic Republic

Ministry of Finance hosts celebration of Republic Day and centenary of Azerbaijan Democratic Republic

25.05.2018
On May 25, 2018, the Ministry of Finance of the Republic of Azerbaijan hosted an event marking the Republic Day and the centenary of the Azerbaijan Democratic Republic.
Speakers at the event noted that although the Azerbaijan Democratic Republic lived for only 23 months, it was etched on the minds of the next generations as a glorious page of Azerbaijani history. They said it was thanks to national leader Heydar Aliyev`s return to power by popular demand, fundamental reforms and successful foreign policy that the Republic of Azerbaijan managed to preserve its independence and sovereignty and restore public and political stability despite all difficulties.
Speakers hailed the successful continuation of the process of building a democratic, constitutional, secular state and civil society as well as political, economic and social reforms in the Republic of Azerbaijan. They also noted the strengthening of the foundations of Azerbaijani statehood, independence and the country`s overall development.
Historian Farhad Jabbarov highlighted the history of the Azerbaijan Democratic Republic, its landmark achievements and reforms.
The event ended with the screening of “Eternal mission” documentary film about the tumultuous fate of the delegation dispatched by the Azerbaijan Democratic Republic to the Paris Peace Conference in January, 1919.