The Milli Majlis Committee on Economic Policy, Industry and Entrepreneurship discussed the draft law on the 2027 state budget at a meeting today.
“Operative Information Center-OMM” reports that next year’s budget revenues are projected at 39 billion 254 million manats, including 38 billion 518 million 425 thousand manats in centralized revenues and 735 million 575 thousand manats in local revenues. Expenditures are projected at 42 billion 400 million manats, including 41 billion 664 million 425 thousand manats in centralized expenditures and 735 million 575 thousand manats in local expenditures.
The state budget is therefore expected to have a deficit of 3 billion 146 million manats, up 1.7% year on year.
Azerbaijan’s consolidated budget revenues in 2027 are expected to total 47 billion 619.2 million manats, while expenditures are projected at 50 billion 377.1 million manats.
These figures are up 5.9% and 3.1%, respectively, compared with the approved forecasts for 2026.
The consolidated budget is therefore expected to post a deficit of 2 billion 757.9 million manats, down 28.7 % year on year.