Azerbaijan increases expenditures on defense and national security at the expense of oil money

In 2025, the State Oil Fund (SOFAZ) will have to transfer AZN 14,481 million to the state budget. This is reflected in the draft law ‘On State Budget for 2025’, which President Ilham Aliyev submitted to Milli Majlis on 16 October. According to the document, this is up by 13.3% from the approved forecast for 2024. While in the Finance Ministry's initial budget statement published on 17 September, the amount of transfer from S...

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Oxudum və razıyam Şərh göndərmə qaydaları

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Finance

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