Azerbaijan’s debt strategy sets model for fiscal sovereignty amid global volatility
In an era where global debt levels are soaring and economic uncertainty looms large, Azerbaijan has quietly but decisively charted a course that deserves international recognition. The country’s strategic reduction of its external debt, which is from $8.9 billion in 2018 to $4.9 billion as of October 2025, is not merely a fiscal achievement. It is a declaration of economic independence, a testament to disciplined governance, and a blueprint for emerging economies seeking resilience in a turbulent global landscape.
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