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Bank Of Baku

Azerbaijan to allocate AZN 700 million to projects financed through foreign loans next year

Azerbaijan to allocate AZN 700 million to projects financed through foreign loans next year
# 04 November 2026 11:09 (UTC +04:00)

In 2027, AZN 700 million is projected to be allocated from the capital expenditures of the state budget to finance projects through loans attracted from abroad, APA-Economics reports.

This is reflected in the Republic of Azerbaijan's 2027 state budget package, which was submitted for discussion at the Economic Policy, Industry and Entrepreneurship Committee of the Milli Majlis.

Next year, AZN 709 million is planned to be allocated for financing special-purpose projects.

AZN 150 million will be allocated for expenses related to Azerbaijan's share in the authorized capital of international investment and development funds of which Azerbaijan is a co-founder, while AZN 41 million will be allocated for tourism development.

A total of AZN 2 billion 466 million will be directed toward construction, restoration, reconstruction, major repair works, various types of capital purchases, and other projects by organizations financed from the budget and receiving financial assistance.

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