BAKU, Azerbaijan, October 26. The total amount of Azerbaijan's state budget revenues in 2024-2027 has been named, Trend reports.
According to data from the Azerbaijani Finance Ministry, the total state budget of Azerbaijan is expected to be 38.9 billion manat ($22.8 billion) in 2024, 40.2 billion manat ($23.6 billion) in 2025, 40.7 billion manat ($23.9 billion) in 2026, and 41.9 billion manat ($24.6 billion) in 2027, within the framework of the mid-term budget for 2024-2027.
Revenues from the state budget will be 34.1 billion manat ($20 billion) in 2024, 35.6 billion manat ($20.9 billion) in 2025, 36.5 billion manat ($21.4 billion) in 2026, and 37 billion manat ($21.7 billion) in 2027.
In addition, it is planned that the revenues of the State Oil Fund will amount to 12 billion manat ($7 billion) in 2024, 12.4 billion manat ($7.2 billion) in 2025, 11 billion manat ($6.4 billion) in 2026 and 10.8 billion manat ($6.3 billion) in 2027.
Moreover, it is planned that the revenues of the State Fund for Social Protection will be 6.9 billion manat ($4 billion) in 2024, 7.3 billion manat ($4.2 billion) in 2025, 7.8 billion manat ($4.5 billion) in 2026 and 8.2 billion manat ($4.8 billion) in 2027.
According to the order of the President of the Republic of Azerbaijan No. 2469 dated February 2, 2021, the following five national priorities of the policy of socio-economic development of the country until 2030 are defined: a sustainable, growing competitive economy; a society based on dynamic, inclusive, and social justice; competitive human capital and space for modern innovations; a great return to liberated territories; a clean environment; and a country of "green growth".