Azernews.Az

The amount of Azerbaijan`s foreign debt per capita as of October 1, 2008 was $324.30, according to a Finance Ministry source.
By October 1, Azerbaijan had used nearly $2.8 trillion in foreign loans, which is considered to be the entire state debt. Of these loans, $350,200,000 were channeled into economic reforms. Of this amount, over $81 million was provided by the International Monetary Fund and $268,300,000 by the World Bank. A total of $2.44 trillion was spent on investment projects, which includes power engineering ($1,105,900,000), agriculture ($216,900,000), road construction and transportation ($585,300,000), chemicals ($38,800,000), the oil and gas sector ($161 million), rehabilitation of previously occupied territories ($58 million), and social, and other spheres ($282,300,000).
The amount of loans used in the first nine months of this year is $477.6 million.