Accounting Chamber considers receipts from lease of state property to be low
There is additional potential in Azerbaijan associated with budget receipts from leasing of state property.
This is stated in the conclusion of the Accounting Chamber on the Draft Law ‘On State Budget for 2025’.
According to the document, the analysis and measures of external state financial control have given grounds to conclude that there is an additional potential for this source.
As predicted, in 2025, a share of state property lease receipts in Azerbaijan will account for AZN 34 million, or 0.1 % of budget receipts. This is up by 21.4 % from the approved forecast for 2024.
Finance
-
Rising prices for electricity, natural gas and heat in Azerbaijan since the beginning of this year may have a significant impact on annual inflation at the level of 0.51 %.
-
The Central Bank of Azerbaijan (CBA) forecasts that an average price of a barrel of oil in the world market in 2025 will be $77.3, and the price of 1000 cubic metres of natural gas - $349.
-
The Central Bank of Azerbaijan (CBA) forecasts that by the end of 2025 the country's economic growth will be 3.3 %, including the production of gross domestic product (GDP) in the non-oil and gas sector to grow by 5.2 %.
-
According to updated forecasts of the Central Bank of Azerbaijan (CBA), annual inflation is expected to be about 5.5 % in 2025 and about 3.8 % in 2026.This is reported on the CBA's website.
Leave a review