Baku shifts toward smarter debt management with balanced financing

Azernews.Az

28 July 2025 14:51 (UTC+04:00)

Akbar Novruz

External borrowing is a common practice for nearly every country in the world, and it comes with both advantages and drawbacks. On the one hand, it can play a significant role in supporting a country's fiscal strategy; on the other, if mismanaged, it can lead to economic vulnerability.

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