Azerbaijan’s Education Budget to Rise by 1.6% in 2027

Baku: Azerbaijan’s education spending is set to increase by 1.6% next year, according to APA, which cites a statement from the Ministry of Finance regarding the preliminary figures for the 2027 consolidated and state budgets.

According to Azeri-Pres…

Azerbaijan’s Defense Budget to Rise by 1.1% in 2027

Baku: Azerbaijan’s defense and national security expenditures will increase by 1.1% next year, APA citing Ministry of Finance’s statement regarding the preliminary figures for the 2027 consolidated and state budgets. Next year, Azerbaijan’s defense an…

Azerbaijan Projects GDP to Reach AZN 141 Billion by 2027

Baku: Azerbaijan’s economic growth is expected to be close to 3% in 2027. Azerbaijani government forecasts that the country’s gross domestic product (GDP) will reach AZN 141 billion in 2027, APA-Economics reports citing Ministry of Finance’s macroecon…

Oil Price to Be USD 65 in Next Year’s Budget

Baku: The price of a barrel of “Azeri Light” crude oil has been projected at USD 65 for the preparation of Azerbaijan’s consolidated and state budget drafts for 2027.

According to Azeri-Press News Agency, this figure remains unchanged compared to th…