Bank Of Baku

Reason for decrease in subsidies from state budget to Nakhchivan Autonomous Republic revealed

Reason for decrease in subsidies from state budget to Nakhchivan Autonomous Republic revealed
# 04 November 2025 12:11 (UTC +04:00)

The reason for the decrease in subsidies from the state budget to the Nakhchivan Autonomous Republic has been revealed, APA reports.

Minister of Finance of Azerbaijan, Sahil Babayev, said during the discussion of the draft law “On the State Budget of the Republic of Azerbaijan for 2026” at the session of the Milli Majlis (Azerbaijani Parliament) Committee on Economic Policy, Industry, and Entrepreneurship, that next year, the revenues of the Nakhchivan Autonomous Republic will increase by 52 million manats, or 24%, while expenditures will decrease by 22 million manats: “As a result, the amount of subsidies allocated to Nakhchivan has decreased by 74 million manats. This is a clear outcome of the reforms implemented in the Nakhchivan Autonomous Republic.”

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