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ADB announces expectations for Azerbaijan's 2025 budget

ADB announces expectations for Azerbaijan

09 April 2025 10:50 (UTC +04:00)

The Asian Development Bank (ADB) has announced its expectations regarding the Azerbaijani state budget, APA-Economics reports.

ADB forecasts that the government budget deficit will rise to 2.4% of GDP in 2025 before narrowing to 2.0% in 2026:

It was noted that revenue is forecasted at 30% of GDP in 2025, reflecting tax revenue of 12%, nontax revenue of 7%, and transfers from SOFAZ of 11%: "Budget expenditure is projected at 32% of GDP, with 19% for current expenditure and 11% for capital outlays. Social protection and support expenditures are projected to rise by 8% and represent about 12% of total budget expenditure. Public investment outlays are projected to decline to 2% of GDP."

ADB Azerbaijan 2025 budget Forecast

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