At the plenary session of the Supreme Majlis of Nakhchivan on 25 December, the budget of the Autonomous Republic for 2025 was approved in the third reading. Next year local budget revenues are forecasted at AZN 493.2 million and expenditures at AZN 505.2 million. This is down by 6.6 % and 6.45% respectively as compared to the initial version. In comparison with 2024, revenue and expenditure forecasts have declined by 3.2 % and 2.2 % respect...

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