In 2025, Azerbaijan secured foreign state loans totaling the equivalent of 233.8 million US dollars (397.5 million manats at the exchange rate on the date of approval) across three new credit agreements. These funds were utilized within the framework of the state budget execution, according to the latest financial reports.
As reported by the Operative Information Center-OMM, this information is detailed in the draft law "On the execution of the 2025 state budget." The document is currently under review at a session of the Milli Majlis (National Assembly) Committee on Economic Policy, Industry, and Entrepreneurship.
Furthermore, the government issued state guarantees amounting to 173.5 million US dollars (equivalent to 295 million manats) to the "Azerenergy" OJSC throughout the year. Such borrowing and guarantee mechanisms are standard fiscal tools used by the Republic of Azerbaijan to finance large-scale infrastructure projects, energy sector modernization, and strategic economic development initiatives aimed at strengthening the national economy.
