Sahil Babayev: Azerbaijan's strategic currency reserves exceed $74B

Azerbaijan's strategic foreign exchange reserves have exceeded $74 billion, Finance Minister Sahil Babayev said during the discussion of the bill on the implementation of the 2024 state budget in the third reading at the Milli Majlis on Friday.

"I believe that this indicator will gradually increase. The unanimous opinion is that 2024 was a successful year for Azerbaijan, macroeconomic and macro-fiscal policies, state programs, including the Great Return program, were successfully implemented, more than 15,000 of our citizens began to settle in their native land, social welfare issues were resolved, and our country's defense capabilities were increased," he noted.