Azerbaijan's strategic foreign exchange reserves have reached a record high of 91 billion US dollars, demonstrating the country's robust financial stability and economic resilience.
Operative Information Center-OMM reports that Prime Minister Ali Asadov announced these figures during a plenary session of the Milli Majlis (National Assembly) today, while presenting the summary report on the activities of the Cabinet of Ministers for 2025.
The Prime Minister noted that the country's strategic reserves grew by approximately 14 billion US dollars, or 20 percent, over the past year, surpassing the 85-billion-dollar mark. "This figure is 12 percent higher than the national GDP and represents one of the highest per capita reserve indicators globally. Furthermore, these reserves exceed the external state debt, which stands at 4.8 billion US dollars, by nearly 18 times," Prime Minister Ali Asadov stated during his address to the parliament.
The accumulation of significant foreign exchange reserves is a cornerstone of Azerbaijan's long-term economic strategy, aimed at ensuring macroeconomic stability and protecting the national economy from external shocks. These reserves, primarily managed by the Central Bank and the State Oil Fund of the Republic of Azerbaijan (SOFAZ), provide a critical buffer for the national currency and support the implementation of large-scale infrastructure projects and social programs across the country.
