Subsidies for Baku Metro may increase by nearly 45%

Economic Department
Author

In 2026, Azerbaijan plans to allocate a 40 million manat (just over $23.5 million) subsidy from the state budget to Baku Metro CJSC, Report informs.

According to the draft of the 2026 state budget package, this is 12.3 million manats (over $7.2 million), or 44.6% more, compared to 2025.

The purpose of the subsidy is to cover losses resulting from passenger transport service tariffs being set below the cost price.

Other News

S&P: Azerbaijan's banks exhibit lower private sector debt compared to peers in region 14 February, 2026 / 12:10
S&P publishes first post-merger rating of Azerbaijan Business Development Fund 14 February, 2026 / 11:51
S&P upgrades Azerbaijan's banking sector rating 14 February, 2026 / 11:32
EBRD renews its current portfolio of projects in Azerbaijan 14 February, 2026 / 10:07
Key indicators of world commodity, stock, and currency markets (14.02.2026) 14 February, 2026 / 10:00
Sahil Babayev: Azerbaijan-Serbia trade reaches $135 million 13 February, 2026 / 20:12
Sunniya Durrani-Jamal: ADB ready to support development of sustainable bond market in Azerbaijan 13 February, 2026 / 16:37
Azerbaijani parliament adopts new rules for tax registration of non-residents in e-commerce 13 February, 2026 / 13:04
Gold, silver prices rise after significant decline 13 February, 2026 / 11:01
CBA currency exchange rates (13.02.2026) 13 February, 2026 / 09:25
Key indicators of world commodity, stock, and currency markets (13.02.2026) 13 February, 2026 / 09:15
Central Bank hosts discussions on improving legislative framework for capital market growth 12 February, 2026 / 17:35
Azerbaijan posts strong budget surplus in January 12 February, 2026 / 17:08
Gold prices stable as expectations for Fed rate cut ease 12 February, 2026 / 10:49
CBA currency exchange rates (12.02.2026) 12 February, 2026 / 09:27
Key indicators of world commodity, stock, and currency markets (12.02.2026) 12 February, 2026 / 09:02
Azerbaijan's GDP rises 1.7% in January 11 February, 2026 / 15:41
Taleh Kazimov: Azerbaijan-US economic co-op reaches strategic stage 11 February, 2026 / 12:52
Investments in Azerbaijan's economy up nearly 76% 11 February, 2026 / 11:44
Consumer prices in Azerbaijan rise 5.7% in January 11 February, 2026 / 11:16