Azerbaijan
Azerbaijan earmarks AZN 5.4 billion for education and science in 2027
State budget healthcare funding is approximately AZN 2.1 billion, while the broader consolidated budget measure is AZN 4 billion.
Azerbaijan plans a 9.2% rise in socially oriented budget spending in 2027
Socially oriented spending is planned at AZN 18.7 billion, or 44.2% of the state budget, an increase of AZN 1.6 billion from 2026.
Azerbaijan projects government debt at 20.4% of GDP by end-2030
The Finance Ministry expects debt at 19.5% of GDP by end-2026. Domestic obligations account for about 68% of the current debt portfolio.
Non-oil sector to provide 60.6% of Azerbaijan’s 2027 budget revenue
Non-oil revenue is projected at AZN 23.8 billion, while the transfer from the State Oil Fund is set at AZN 11.9 billion.
Azerbaijan plans AZN 8.8 billion for defence and security in 2027
Up to AZN 30 million is planned for service members’ housing and rent compensation as parliament discusses the draft budget.
Ilham Aliyev arrives for COP31 Leaders’ Summit in Antalya
Turkish President Recep Tayyip Erdogan and UN Secretary-General Antonio Guterres welcomed the Azerbaijani president at the Expo Centre.
A tax return filing extension does not automatically extend the payment deadline
The State Tax Service clarified the distinction for income and profit tax returns. An electronic filing-extension request is not a payment deferral.
Azerbaijan financial control recovered AZN 106.9 million and prevented AZN 100.9 million in spending
Control measures were completed at 84 organizations in nine months. Recoveries and prevented expenditure represent different outcomes.
Azerbaijan expects AZN 872 million in net dividends from 48 state enterprises in 2027
The forecast is 45.4% above the 2026 benchmark. Assessing the sector's full budget contribution also requires comparable data on state support.
Treasury balance management earned Azerbaijan AZN 46.8 million in nine months
The Finance Ministry reported actual interest income for January-September. A separate October release disclosed AZN 704 million in bank deposit placements.
Azerbaijan guaranteed debt fell 23.9%; foreign currency still accounts for 83.8%
State-guaranteed debt stood at AZN 7.886 billion after nine months, with 68.8% falling into the maturity bracket of up to five years.
Non-oil sector drove 81% of tax growth; oil and gas delivered 77% of the surplus over plan
FinFly calculations distinguish the sectors behind annual tax growth from those responsible for receipts exceeding the January-October forecast.
Azerbaijan proposes five-year tax relief for small businesses
Conditional personal income or corporate profit tax relief could benefit around 10,000 taxpayers, the tax authority estimates.
Azerbaijan proposes optional 8% tax for domestic freight operators
The simplified tax option would be available for five years. The announcement specifically refers to domestic freight transport.
Azerbaijan proposes halving interest on overdue tax payments
The proposal concerns interest charged for days of delay. The announcement does not provide for cancelling the underlying tax debt.
Azerbaijan proposes cashback on purchases from non-VAT sellers
The proposal covers cashless purchases of goods and services. The tax authority has not specified the refund percentage.
ABB İnvest leads investment company exchange turnover in January-October 2026
ABB İnvest recorded turnover of AZN 26.491 billion. PAŞA Kapital and InvestAZ complete the top three.
PAŞA Kapital leads investment company asset ranking at the end of 2025
At January 1, 2026, PAŞA Kapital held AZN 64.782 million in assets, InvestAZ AZN 46.125 million and ABB İnvest AZN 30.153 million.
PAŞA Kapital and ABB İnvest lead the 2025 net profit ranking of 12 investment companies
PAŞA Kapital earned AZN 2.542 million in 2025 net profit. ABB İnvest reported AZN 2.353 million.
PAŞA Həyat leads Azerbaijan insurers with AZN 568.351 million in nine-month premiums
PAŞA Sığorta ranks second with AZN 308.931 million in premiums, followed by Atəşgah Həyat with AZN 83.579 million.
Azerbaijan approves special-communications delivery tariffs for organizations
The rates apply to non-budget-funded organizations using the specific service; they are not general consumer postal prices and exclude VAT.
PAŞA Həyat and PAŞA Sığorta lead Azerbaijan insurers by assets
PAŞA Həyat Sığorta held AZN 769.5 million in assets, followed by PAŞA Sığorta with AZN 539.9 million.
Android accounts for 54.99% of measured web traffic in Azerbaijan in October
Statcounter measures website page views across device types, not smartphone sales or the number of unique operating-system users.
Azerbaijan draft budget allocates AZN 1.38 billion to agriculture in 2027
The proposal includes AZN 477 million for land reclamation and irrigation within, rather than in addition to, the sector total.