BAKU, Azerbaijan, January 6. A subsidy of 211.6
million manat ($124.4 million) is planned from the state budget in
the next fiscal year to balance the revenues and expenditures of
the Nakhchivan Autonomous Republic, Trend reports, citing the Azerbaijani Chamber
of Accounts.
This amount is 74.1 million manat ($43.5 million), or 25.9%,
lower than the subsidy approved for the current year, but 26.4
million manat ($15.5 million), or 14.3%, higher than the subsidy
executed in 2024.
The Chamber of Accounts noted that during the first nine months
of 2025, no significant discrepancies were observed between the
projected and actual monthly budget balance indicators of the
Nakhchivan Autonomous Republic.
“Analyses show that more than approximately 35% of the subsidy
amount projected for the current year will not generate demand
during the year,” the report emphasized.
It was also stated that, excluding the state subsidy allocated
to balance revenues and expenditures, 99.1% of total budget
revenues and 59.8% of total expenditures of the Nakhchivan
Autonomous Republic budget were executed during the first nine
months of the year. Compared to the nine-month projections,
revenues excluding the subsidy were 34.3% higher, while
expenditures were 17.9% lower.
Stay up-to-date with more news on Trend News
Agency's WhatsApp channel