Baku 8° C
Subsidies for Baku Metro may increase by nearly 45%
Finance
- 23 October, 2025
- 15:42
In 2026, Azerbaijan plans to allocate a 40 million manat (just over $23.5 million) subsidy from the state budget to Baku Metro CJSC, Report informs.
According to the draft of the 2026 state budget package, this is 12.3 million manats (over $7.2 million), or 44.6% more, compared to 2025.
The purpose of the subsidy is to cover losses resulting from passenger transport service tariffs being set below the cost price.
Author
Latest News
19:03
Winter season begins in Azerbaijan
Domestic policy17:53
Yilmaz: South Caucasus becoming new geopolitical hub focused on cooperation
Region17:41
Yilmaz: Acceleration of peace process between Azerbaijan, Armenia - important stage
Infrastructure17:23
Ohio State researchers find increasing type of protein helps slow down heart failure
Health17:00
UK chancellor of exchequer banned from her favorite pub due to tax increases
Other countries16:41
Georgian Foreign Ministry outlines priorities of country's BSEC chairmanship
Region16:15
Azerbaijan, Türkiye to hold meeting of intergovernmental commission in Baku
Business15:43
Thailand doesn't rule out possibility of ceasefire in conflict zone with Cambodia
Other countries15:22