Finance
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Azerbaijan decided to reduce subsidies to the Nakhchivan Autonomous Republic in the national budget by another AZN 34.8 million in 2025.
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It became necessary to increase expenditures on defence and national security by another AZN 159 million in the State Budget of Azerbaijan for 2025.- This was announced by Finance Minister Samir Sharifov during the discussion of the draft Law ‘On State Budget for 2025’ in the third reading at the plenary session of the Milli Majlis on 16 December.
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The Azerbaijani government has revised its forecasts on the 2025 review budget.
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‘Pasha Insurance’ company has won an open tender for voluntary (hull insurance) insurance of 1 vehicle belonging to 'Karabakh Renaissance Foundation'. This is reported on the unified internet portal of public procurement.
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