According to the State Social Protection Fund (SSPF) of Azerbaijan, the amendments to the state budget will be reflected in its income. This figure will increase by approximately 7.4% (from the 3,078,570,000 AZN approved by the Azerbaijani President to 3,307.36 million AZN).
As a rule, the bulk of the revenue of the deficit-free budget of the Fund amounts to compulsory social security contributions (4.2% - up to 2 billion 54.99 million), with the main share for the private sector (presumably + 22,540,000 to 1 billion 294.74 million manats).
Transfers from the state budget will also grow - according to expectations, by 13.3% to 1 billion 246 million manats.
Payment of pensions will be spent, supposedly 3 billion 136.1 million manats (the approved figure is 2 billion 923 million 588 thousand manats), and the payment of benefits will be AZN 102.85 million (approved is 87 million 557 thousand manats). --17D-
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
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