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Azerbaijan projects growth in 2025 budget with smaller deficit

Economy Materials 17 September 2024 21:43 (UTC +04:00)
Elchin Mehdiyev
Elchin Mehdiyev
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BAKU, Azerbaijan, September 17. Azerbaijan's consolidated budget revenues for 2025 are expected to reach 44.37 billion manat ($26.1 billion), with expenditures projected at 45.87 billion manat ($27 billion), according to the Azerbaijani Finance Ministry, Trend reports.

These figures represent increases of 2 percent and 0.5 percent, respectively, compared to the approved forecasts for 2024.

This will result in a consolidated budget deficit of 1.5 billion manat ($880 million), which is 29.2 percent lower than the previous year's forecast.

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