Azer Bayramov: Nakhchivan's budget rose over 13-fold in last 22 years

From 2003 to 2024, the budget of the Nakhchivan Autonomous Republic of Azerbaijan, including the subsidy from the state budget, increased 13.2 times or by 498.3 million manats ($293.1 million), reaching 539.3 million manats ($317.2 million), Azerbaijani Deputy Minister of Finance Azer Bayramov said, Report informs.

He made this announcement at the Financial Forum in Nakhchivan.

Bayramov noted that in the past 22 years, the autonomous republic's own budget revenues alone grew 16.5 times or by 190.5 million manats (just over $112 million), reaching 202.8 million manats (almost $119.3 million).