Baku: Azerbaijan’s Milli Majlis has approved the draft law titled ‘On the State Budget of the Republic of Azerbaijan for 2026’ in its third reading at a recent plenary session. The session took place on December 9 and involved detailed discussions regarding the financial plan for the nation.
According to Azerbaijan State News Agency, the state budget for 2026 outlines expected revenues of 38.6 billion manats and projected expenditures of 41.7 billion manats. This financial framework highlights a focus on managing resources while addressing expenditure needs.
The consolidated budget for 2026 forecasts revenues to reach 45 billion manats with expenditures set at 48.8 billion manats, resulting in a budget deficit of 3.9 billion manats. The approval marks a significant step in planning the country’s economic policies and resource allocation for the coming years.