Azerbaijan's Cabinet of Ministers has approved the draft state and consolidated budgets for 2027, as well as consolidated budget targets for the next three years.

The decision was made at a Cabinet meeting chaired by Prime Minister Ali Asadov.

The concept and forecast indicators for economic and social development for 2027 and the following three years were also approved.

The documents, along with other materials stipulated by the Law on the Budget System, will be submitted to President Ilham Aliyev.