Baku:In 2027, Azerbaijan plans to allocate no subsidies to cover the local expenditures of 67 cities and districts, as reported by APA-Economics.
According to Azeri-Press news agency, this decision is detailed in the draft law “On the State Budget of the Republic of Azerbaijan for 2027.” The draft indicates that these cities and districts are expected to manage their local expenditures through their own revenue streams.
The state budget for the next year projects revenues of 39 billion 254 million manats, while the planned expenditures amount to 42 billion 400 million manats.