BAKU, Azerbaijan, April 11. The latest meeting of the Economic Council took place on April 11, the Cabinet of Ministers told Trend.
The meeting, chaired by the head of the Economic Council of the Republic of Azerbaijan, Prime Minister Ali Asadov, focused on priority spending areas outlined by the President of the Republic of Azerbaijan, Ilham Aliyev, for the period from 2026 to 2029; medium-term budgetary frameworks (MTBF), key directions and target indicators for budget policy; preliminary macroeconomic forecasts; and macrofiscal frameworks for the medium term. Additionally, it covered projected indicators for the state and consolidated budgets for 2026 and the following three years, budget sustainability, and other current issues.
A detailed presentation was made by the Minister of Finance, Sahil Babayev, regarding the MTBF and budget forecasts for 2026 and the following three years. Members of the Economic Council also gave speeches, and discussions took place on the highlighted topics.
Following the meeting, decisions were made on the budget forecasts, taking into account the opinions and proposals of the Economic Council members. The Ministry of Finance and other relevant agencies received instructions for preparing the budget package for the coming year.
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