President of Azerbaijan: During last 20 years, our economy has grown more than three times and this can be considered a world record

Baku, March 13, AZERTAC

“During the last 20 years, our economy has grown more than three times. I think this can be considered a world record,” President of Azerbaijan Ilham Aliyev said at a meeting with heads of Germany’s leading companies in Berlin.

“And at the same time, we based on our reduction of the direct foreign debt strategy, reduced the foreign debt, and this first January 2023, it was less than 10% of GDP. So, that was actually a target, which I put in front of the government several years ago,” the Azerbaijani President underlined.