Azerbaijan cuts subsidy payments to state-owned enterprises

In 2025, Azerbaijan is forecasted to pay AZN 1,321.2 million in subsidies from the state budget in 46 directions. This is stated in the conclusion of the Accounting Chamber on the draft Law ‘On State Budget for 2025’. According to the document, this is up by 26.1% from 2024. Next year, it is planned to reduce subsidies to state-owned enterprises and raise subsidies to non-state-owned enterprises and legal entities. As...

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