BAKU, Azerbaijan, June 19. Azerbaijan's state
budget was executed with 39.2 billion manat ($23.05 billion) in
revenues last year, Trend's
correspondent reports from the event.


This is reflected in the draft law "On the execution of the
state budget of Azerbaijan for 2025", discussed and adopted at the
parliament meeting today.


According to the draft, the budget expenditures were 38.6
billion manat ($22.71 billion). As a result, the budget was
executed with a surplus of more than 580 million manat ($341.2
million).


The main sources of budget revenues included 14.48 billion manat
($8.52 billion) in transfers, 8.94 billion manat ($5.26 billion) in
value-added tax (VAT), and 6.69 billion manat ($3.94 billion) in
corporate profit tax. In addition, the budget received 2.02 billion
manat ($1.19 billion) in personal income tax, 1.77 billion manat
($1.04 billion) in customs duties, 1.70 billion manat ($1 billion)
in excise taxes, and 636.6 million manat ($374.5 million) in
dividends from state-owned enterprises.


On the expenditure side, the largest allocation was 8.07 billion
manat ($4.75 billion) directed to defense and national security,
including 4.58 billion manat ($2.7 billion) for special defense
projects and measures.







Economic activity accounted for 7.58 billion manat ($4.46
billion) in spending, of which 3.78 billion manat ($2.22 billion)
was allocated to the reconstruction and restoration of liberated
territories, and 2.31 billion manat ($1.36 billion) to state
investment expenditures.


Education spending amounted to 4.62 billion manat ($2.72
billion), social protection and welfare to 4.55 billion manat
($2.68 billion), and general public services to 4.46 billion manat
($2.63 billion). The health sector received 1.28 billion manat
($753 million), while agriculture was allocated 1.12 billion manat
($659 million).


Under the draft law, 1.6 billion manat ($941 million) was
allocated to balance the budget of the State Social Protection
Fund, and 775.9 million manat ($456.7 million) to the compulsory
health insurance fund.


After discussions, the draft law was put to a vote and adopted
in the second reading.