Azerbaijan to finance 86.9% of 2027 budget deficit through borrowing

Azerbaijan plans to finance most of its projected 3.166 billion manat ($1.86 billion) state budget deficit in 2027 through borrowing.

According to Report, citing the Ministry of Finance, borrowing is planned at 2.751 billion manats ($1.62 billion), which will cover 86.9% of the deficit.

Another 275 million manats ($161.8 million) is expected to be financed from the projected balance of the single treasury account at the beginning of 2027, while 140 million manats ($82.4 million) will come from privatization proceeds.