During today's session of the extraordinary session of the Milli Majlis (National Assembly), the draft law on the "Execution of the 2025 State Budget" was adopted in the third reading.
According to the Operative Information Center-OMM, state budget revenues for the previous year totaled 39 billion 184.6 million manats. This figure represents a 5.4% increase compared to the previous year and exceeds the initial forecast by 2.2%.
Budget expenditures amounted to 38 billion 604.6 million manats, which is 2.4% higher than the previous year but 6.8% lower than the projected forecast. Consequently, the budget recorded a surplus of 580 million manats, equivalent to 0.45% of the GDP. This surplus was primarily driven by the over-fulfillment of revenue forecasts and the fact that budgetary organizations spent 2 billion 803 million manats less than originally projected.
The approval of the annual budget execution report is a standard parliamentary procedure in Azerbaijan, ensuring transparency and fiscal accountability. The Milli Majlis plays a critical role in overseeing the government's financial management, ensuring that public funds are utilized in accordance with the strategic development goals of the Republic of Azerbaijan.
