BAKU, Azerbaijan, October 27. The volume of expenditures of Azerbaijan's consolidated budget in 2024-2027 has been named, Trend reports.
According to data from the Azerbaijani Ministry of Finance, the volume of Azerbaijan's consolidated budget expenditures is expected to be 42.3 billion manat ($24.8 billion) in 2024, 44.5 billion manat ($26.1 billion) in 2025, 45.2 billion manat ($26.5 billion) in 2026, and 46.3 billion manat ($27.2 billion) in 2027.
The state budget expenditures will be 36.7 billion manat ($21.5 billion) in 2024, 38.5 billion manat ($22.6 billion) in 2025, 38.9 billion manat ($22.8 billion) in 2026, and 39.6 billion manat ($23.2 billion) in 2027.
In addition, it is planned that the expenditures of the State Oil Fund will amount to 12.8 billion manat ($7.5 billion) in 2024, 13.7 billion manat ($8 billion) in 2025, 13.1 billion manat ($7.7 billion) in 2026 and 12.6 billion manat ($7.4 billion) in 2027.
It is planned that the expenditures of the State Fund for Social Protection will amount to 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".