The Azerbaijani government has announced its proposed 2025 state budget, prioritizing socio-economic development, national security, and post-conflict reconstruction in line with the directives of President Ilham Aliyev.
The Azerbaijani government has announced its proposed 2025 state budget, prioritizing socio-economic development, national security, and post-conflict reconstruction in line with the directives of President Ilham Aliyev. The budget also aligns with the nation's Strategy for Socio-Economic Development (2022-2026), emphasizing rebuilding efforts in Karabakh and Eastern Zangezur, reintegrating liberated territories, and facilitating the safe return of displaced persons.
Finance Minister Samir Sharifov presented the budget plan to the Azerbaijani Parliament on November 25, highlighting its total projected expenditures of 41.4 billion manat ($24.3 billion). Of this amount, 27.7 billion manat ($16.2 billion), or two-thirds, will be directed toward key national priorities.
Sharifov noted that 4 million manat ($2.3 million), representing 9.7 percent of the total budget expenditures, is allocated to the First State Program for the Great Return. This funding will focus on developing residential areas and villages in liberated territories as part of ongoing reconstruction efforts.
A significant portion of the budget—8.4 billion manat ($4.9 billion), or 20.3 percent—is earmarked for enhancing the country’s military capabilities and modernizing its defense sector. This figure marks a 17.8 percent increase from the 2024 forecast and a substantial 43.4 percent rise compared to 2023, underscoring Azerbaijan's commitment to strengthening its national security infrastructure.
"The proposed budget reflects Azerbaijan's dedication to achieving its strategic goals, ensuring stability, and fostering sustainable development," Sharifov stated in his address.
U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” say...
The public health challenge linked to the emergence of a rare strain of hantavirus is complex, according to pharmacist and health commentator ...
After years of limited engagement, relations between Syria and the European Union are drawing renewed diplomatic a...
U.S. President Donald Trump said on Monday (11 May) that the fragile ceasefire with Iran was “on life suppor...
The man accused of attempting to assassinate U.S. President Donald Trump during a Wh...
Afghanistan has signed a five-year gold mining contract with Afghan and Azerbaijani companies in a deal worth more than $20m, the Ministry of Mines and Petroleum has said.
Slovak Prime Minister Robert Fico has cited Azerbaijan as an example of what he described as a sovereign foreign policy, recalling remarks made by President Ilham Aliyev during talks in Yerevan, where he sharply criticised resolutions adopted against his country by the European Parliament.
SOCAR has completed the acquisition of a 99.82% stake in Italiana Petroli (IP) from API Holding after receiving all required regulatory approvals.
Fuel exports from Azerbaijan to Armenia are continuing, with eight rail wagons carrying 479 tonnes of diesel fuel dispatched as part of the latest shipment between the two South Caucasus neighbours.
Australia confirmed it will repatriate citizens from the MV Hondius cruise ship hit by a deadly hantavirus outbreak, with quarantine on arrival. Spain, France are evacuating nationals as three deaths are confirmed. In the U.S., two passengers have been isolated after testing positive for the virus.
U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” saying Tehran failed to commit to abandoning its pursuit of a nuclear weapon, while warning the fragile ceasefire was on “massive life support”.
Metropolitan Shio of Senaki and Chkhorotsku has been elected the 142nd head of the Georgian Orthodox Church at a meeting of clergy in Tbilisi following the death of longtime Patriarch Ilia II.
President Donald Trump called Iran’s response to a US war proposal “totally unacceptable” after Tehran sent its reply through mediator Pakistan, according to IRNA. Qatar’s al-Thani also warned Iran against using the Strait of Hormuz as “a pressure tool”.
A Turkish Airlines plane caught fire in its landing gear tyres after landing at Tribhuvan International Airport on Monday (11 May) morning, temporarily disrupting airport operations, officials said.
U.S. President Donald Trump said on Monday (11 May) that the fragile ceasefire with Iran was “on life support” after he dismissed Tehran’s response to a U.S. peace proposal, raising fears the 10-week conflict could reignite and further disrupt global energy supplies.
Around 100 boys in Georgia are living with Duchenne muscular dystrophy - a disease that has never allowed a child to grow old. Their parents have spent weeks protesting outside government offices, saying their sons cannot wait any longer for treatment.
Iran warned of an “immediate, intense, and powerful” response to any renewed Israeli or U.S. attack, as efforts to secure an interim peace deal appeared to stall despite fresh diplomatic contacts.
Metropolitan Shio of Senaki and Chkhorotsku has been elected the 142nd head of the Georgian Orthodox Church at a meeting of clergy in Tbilisi following the death of longtime Patriarch Ilia II.
Kazakh President Kassym-Jomart Tokayev met Russian President Vladimir Putin in Moscow for talks on trade, infrastructure and preparations for Putin’s state visit to Kazakhstan later this month.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment