budget
A budget surplus of almost AZN 4 billion. Why borrow at all?
A nine-month budget surplus can coexist with new bond issuance. We explain the difference between the budget balance, available cash and net borrowing.
Azerbaijan's Finance Ministry to Use AI for Public Finance Analysis
Finance Minister Sahil Babayev said artificial intelligence will be used to analyze and forecast public finances and automatically detect anomalies.
Ukraine Spends $266 Million a Day on Conflict
Ukraine's Finance Ministry has reported that daily expenses for waging the conflict in 2026 will average $266 million, with the total budget for the Armed Forces of Ukraine reaching $97 billion.
Azerbaijan Ranks Third in the World for Financial Stewardship
In the Chandler Good Government Index 2026, Azerbaijan ranked third among 133 countries for Financial Stewardship, behind only Singapore and Norway.
Azerbaijan to Allocate About 9 Billion Manats for Defense in 2027 Budget
President Ilham Aliyev announced that Azerbaijan's 2027 state budget includes about 9 billion manats for military and security needs.
Georgia to Invest 890 Million Lari in Middle Corridor Railway
Georgia plans to allocate 890 million lari ($341.9 million) to develop the railway infrastructure of the Middle Corridor in 2027–2030. The project includes the purchase of 45 freight electric locomotives and 10 passenger electric trains.
Azerbaijan's Cabinet Approves 2027 Budget Drafts
Azerbaijan's government has approved the draft state and consolidated budgets for 2027, as well as consolidated budget targets for the following three years.
ADB cuts Azerbaijan's 2026 GDP growth forecast to 1.6%
The Asian Development Bank lowered its forecast for Azerbaijan's economic growth in 2026 from 2% to 1.6%, keeping its 2027 estimate at 1.8%.
Kyrgyzstan's Public Debt Reaches $8.9 Billion — Finance Ministry
Deputy Finance Minister Umutjan Amanbaev told a meeting of the Jogorku Kenesh's agrarian committee that Kyrgyzstan's public debt stands at $8.9 billion, of which $5.3 billion is external and $3.6 billion is domestic.
Putin: Budget Revenues from Migration Procedures Up 30%
Russian President Vladimir Putin called the 30% growth in budget revenues from migration procedures decent. In 18 months, the country received 321 billion rubles.
Azerbaijan's Tax Revenues Up 9.2% in 8 Months
In January-August 2026, Azerbaijan's state budget received 12.6 billion manats in taxes, exceeding the forecast by 900 million manats.
EFSD to Provide Tajikistan with $200 Million Budget Support Loan
The Eurasian Fund for Stabilization and Development will provide Tajikistan with a $200 million loan to support the state budget. The funds will be disbursed in three tranches.
Armenia plans to recover $2 billion in illegally obtained assets by 2031
Prime Minister Nikol Pashinyan announced the government's intention to return about $2 billion in illegally acquired assets to the state budget between 2026 and 2031.
CBO Raises US Budget Deficit Forecast for 2026 to $2.1 Trillion
The US Congressional Budget Office has revised its 2026 budget deficit forecast upward by $200 billion to $2.1 trillion, citing lower-than-expected tariff revenues.
Azerbaijan Utilizes 30% of State Investment Program Funds in H1
In the first half of 2026, Azerbaijan implemented 287 projects under the State Investment Program, utilizing 810.2 million manats out of 2.7 billion.
Azerbaijan creates 'Digital Public Finance' system
Azerbaijan's Ministry of Finance reports on digitalization of public finances: a new information system has been created, the 'Electronic Budget Guide' portal has been launched, and the volume of contracts signed via E-müqavilə exceeded 1 billion manats.
Azeri Light Oil Rises to $98.73 per Barrel
The price of Azerbaijan's Azeri Light crude oil increased by 5.13% to $98.73 per barrel. Oil in Turkey's Ceyhan rose to $94.81.