Economy

How Much Does Georgia Owe Armenia?

How Much Does Georgia Owe Armenia?

As of the end of September, Georgia's external state debt has reached $9.03 billion, surpassing the $9 billion mark for the first time. This was reported by TASS, citing data from the Georgian Ministry of Finance. Over the course of a month, the figure has increased by $43.4 million.

Georgia's largest creditor is France, to which it owes approximately $814.5 million. According to the data, Russia is Georgia's leading trading partner, though Georgia's debt to Russia stands at only $7.8 million.

Regarding neighboring countries, Georgia owes Armenia $1 million, Turkey $2.2 million, and Azerbaijan $1.1 million.

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