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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.
Iran's Revolutionary Guards Navy said a Togo-flagged oil tanker was struck while attempting to make an “illegal passage” through the Strait of Hormuz, Iranian state media said early on Friday.
Russian air strikes injured 13 and damaged buildings in the Ukrainian capital of Kyiv and in the Black Sea port city of Odesa in the early hours of Thursday, officials said on the Telegram messaging app.
U.S. President Donald Trump said on Wednesday he hoped the war against Iran was nearing its end and that Tehran wanted to reach a deal, but Iran dismissed his comments as “mixed signals” as the conflict approaches its seventh month.
The European Union will disburse €3.3 billion ($3.8 billion) to Ukraine for missiles and drones, European Commission President Ursula von der Leyen said after a phone call with Ukrainian President Volodymyr Zelenskyy.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
Uzbekistan’s grape exports have grown rapidly. In January-August 2025, the country exported 86,200 tonnes of fresh grapes worth $78.3 million to 19 countries but can it turn these crops into a recognisable international product?
The death toll in a suicide attack at a police compound in northwest Pakistan has reached 31, AFP reported on Saturday, citing a police official.
Azerbaijan has rejected France’s justification for advising its citizens against travel to the country, after Paris cited risks of arbitrary detention and unfair trials.
Iran's Revolutionary Guards Navy said a Togo-flagged oil tanker was struck while attempting to make an “illegal passage” through the Strait of Hormuz, Iranian state media said early on Friday.
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