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The Ministry of Culture, in collaboration with the Ministry of Finance, has been tasked with addressing the necessary arrangements arising from this decree.
According to Report, the UAE Ministry of Finance, in a statement posted on social media platform X, revealed that the meeting focused on expanding collaboration in several areas, including the implementation of the Memorandum of Understanding (MoU) on financial cooperation signed between the two nations
Georgia's foreign state debt has exceeded $9 billion, Report informs, citing the country's Ministry of Finance. This figure is $43.5 million more compared to that of August 2023 and $581 million more compared to the figure in September 2023.
The Ministry of Economy predicts that the average annual inflation in Azerbaijan in the base scenario will be 4.6% in 2025 and 3.8% in 2028, according to the Medium-term Budget Framework for 2025-2028 published by the Ministry of Finance.
Azerbaijan is set to invest a staggering 14.612 billion manats ($8.6 billion) in the reconstruction and restoration of its territories liberated from Armenian occupation, Report informs, citing the forecast in the Medium-Term Budget Framework for 2025-2028 published by the Ministry of Finance.
In the first half of this year, the average price of a barrel of Azerbaijani Azeri Light crude oil $86.5, according to the Medium-term Budget Framework for 2025-2028 published by the Ministry of Finance.
The Ministry of Finance has commented on the increase of Azerbaijan's state budget revenues and expenditures for 2025 by 1.74 billion manats ($1.02 billion) compared to the initial draft, Report informs.
In January-September 2024, revenues from the non-oil and gas sector to Azerbaijan's state budget amounted to nearly 14.53 billion manats ($8.55 billion), Report informs, citing the Ministry of Finance.
In January-September 2024, the revenues of Azerbaijan's consolidated budget amounted to 37.14 billion manats ($21.84 billion), while expenses were 28.47 billion manats ($16.74 billion), Report informs, citing the Ministry of Finance.
Kazakhstan has returned to the Eurobond market for the first time since 2015, issuing a $1.5 billion 10-year bond with a coupon rate of 4.714%, Report informs via the Kazakh Ministry of Finance.