State budget deficit to decrease to AZN 1.5 billion by 2025

Revenues of the state budget of Azerbaijan are expected to reach AZN 26,539 million in 2023, AZN 26,825 million in 2024, and AZN 27,127 million in 2025, Report informs, citing the Ministry of Finance.

Expenditures of the state budget in 2023-25 are forecasted to be AZN 28,600 million, AZN 28,620 million, and AZN 28,640 million, respectively.

Consequently, the state budget deficit will amount to AZN 2,061 million in 2023, AZN 1,795 million in 2024, and AZN 1,513 million in 2025.