Azerbaijan's finance minister outlines priorities for 2027 budget

Azerbaijani Finance Minister Sahil Babayev said the state budget, consolidated budget and medium-term expenditure framework for 2027 and the following three years include the main priorities of state policy. He made the remarks at a joint meeting of Milli Majlis committees on natural resources, energy and ecology; labour and social policy; health; and international relations and interparliamentary relations, according to AZERTAC in Baku.

Babayev listed sustained economic growth, macroeconomic stability, higher living standards and full financing of social measures, and strengthening defence capability and security as priorities. He also cited development of the Karabakh and East Zangezur economic regions, wider use of digital technologies and innovation, and support for education and healthcare.

He added that maintaining fiscal discipline and the budget rule, targeted and efficient execution of budget spending through the State Treasury, and accelerating development of the real sector are also key priorities. Financing for all these areas is provided in the state and consolidated budgets.