Azerbaijan 2027 budget: 5.5 bn manat planned for general public services

Azerbaijani Finance Minister Sahil Babayev said 5.5 billion manat is forecast to be spent on general public services next year, equal to 13% of the budget, according to AZERTAC. Expenditure by functional classification is set to rise by 1.8 billion manat over 2023–2027.

Babayev made the remarks while presenting the draft law on the state budget for 2027 in its first reading at a parliamentary committee meeting on economic policy, industry and entrepreneurship. He said defence and national security spending is forecast at 8.8 billion manat next year, or 20.8% of all state budget expenditure.

Babayev said that compared with five years ago, these defence and security costs have risen by 3 billion manat, or 51%. He said the figures reflect the importance the state attaches to strengthening Azerbaijan's defence capability and national security.