Ilham Aliyev approves state budget for 2025

On 27 December, President Ilham Aliyev approved the Law ‘On State Budget for 2025’. The document was adopted by Milli Majlis on 16 December. Next year's budget revenues are expected to amount to AZN 38,356 million (5.4% more than the approved forecast for 2024) and expenditures to AZN 41,407.6 million (4.2% more). Ultimately, the budget should end up with a deficit of up to 2.4 % of GDP - AZN 3,051.6 million. This is d...

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