Azerbaijan's 2027 budget projects highest spending on economic activity

Azerbaijan's state budget expenditures for 2027 are forecast to rise across most sections of the functional classification, and economic activity is expected to take the largest share of the budget. Chairman of the Accounting Chamber Vugar Gulmammadov said this at a meeting of the National Assembly's Economic Policy, Industry and Entrepreneurship Committee, where the 2027 budget envelope was being discussed.

The increase is linked to higher funding for economic support measures and to accounting changes arising from the abolition of targeted budget funds. A subsidy line of 1,328.7 million manat is forecast across 30 administrative directions for 2027. Off-budget expenditures are expected to decline, with most of them directed to wage payments. Gulmammadov said the Chamber had flagged inconsistencies in subsidy accounting and suggested that some could be resolved by adjusting the amounts of auxiliary budget sections during budget discussions.