Regions’ dependence on subsidies has been completely eliminated.
elchi reports that this was stated by Finance Minister Sahil Babayev during the discussion of the draft law “On the State Budget of the Republic of Azerbaijan for 2027” at today’s meeting of the Committee on Economic Policy, Industry and Entrepreneurship of the Milli Majlis.
The minister stated that the regions’ dependence on the state budget has decreased further: “Next year, 198 million manats will be allocated to Nakhchivan as a subsidy, which is 13.6 million manats or 6.4 percent less than in the current year.”