Azerbaijan reduces state budget deficit by 37%

In 2024, Azerbaijan's state budget revenues totalled AZN 37,164.2 million and budget expenditures AZN 37,719.7 million. This was reported by the State Statistics Committee. According to the data, this is up by 5.5% and 3.5% from 2023, respectively. As a result, last year's budget deficit was 0.4% of gross domestic product, or AZN 555.5 million. This is down by 37.1 % from the previous year. It ought to be noted that forecasts of...

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