Azerbaijan increases defense spending

In 2025, Azerbaijan’s state budget revenues will amount to 38 billion 356 million manat, according to the draft law on the “State Budget of the Republic of Azerbaijan for 2025”. The draft law was discussed in the country’s parliament, the Milli Majlis.

The total expenditures for the state budget in 2025 are projected to be 41 billion, 407.6 million manat. The total amount allocated for Azerbaijan’s defense and national security expenditures has been increased to 8 billion 555 million manat, compared to 7.126 billion manat in the previous year. The draft law was put to a vote and passed in its third and final reading.