The Government of Azerbaijan forecasts that in 2025 the revenues of the State Oil Fund (SOFAZ) will amount to AZN 14,452.5 million and budget expenditures to AZN 14,640.2 million. This was recognised in a decree signed by President Ilham Aliyev 'On Approval of SOFAZ's Budget for 2025'. According to the decree, this is up by 19.7% and 13.5% from 2024, respectively. Eventually, a deficit of AZN 187.8 million should finally be a...

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