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.
Read next
17:00
Central Asia
Turkmenistan will host the next session of the High-Level Working Group on the Caspian Sea, following constructive discussions in Moscow among the five littoral states on maritime cooperation and legal frameworks.
16:54
Azerbaijan
President of Azerbaijan Ilham Aliyev, in a message to participants of the 28th Eurasian Economic Summit, praised the strong Azerbaijani–Turkish partnership and reaffirmed Azerbaijan’s commitment to promoting peace, tolerance, and interfaith harmony.
07:00
Türkiye and Israel
Representatives from Türkiye and Israel are meeting in Azerbaijan's capital today for informal negotiations aimed at de-escalating tensions over activities in Syria and preventing potential conflict.
05:00
Iraq
As part of his official visit to Iraq, Azerbaijani FM Jeyhun Bayramov met on Wednesday with Mahmoud al-Mashhadani, Speaker of the Council of Representatives of Iraq, for wide-ranging discussions on bilateral relations, regional security, and post-conflict development efforts in Azerbaijan.
21:57
Iranian Deputy Foreign Minister Saeed Khatibzadeh has said that Iran is intending to develop its ties with neighboring Azerbaijan beyond bilateral relations by tapping the capacity of regional collaboration.
What is your opinion on this topic?
Leave the first comment