Ministry of Finance
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 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.
Bond bids were four times the placement. What does a 7.24% yield tell us?
Bids totalled AZN 222.9 million against a 53 million placement on 20 October. Strong auction demand is not a guaranteed return for every investor.
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 State Budget Revenues Exceed 29.3 Billion Manats in Nine Months
In January-September 2026, Azerbaijan's state budget revenues amounted to 29,312.1 million manats, exceeding the forecast by 2.8%. Expenditures reached 25,348.2 million manats.
Azerbaijan's State Budget Revenues Exceed Forecast by 3.8% in 7 Months
In January–July 2026, Azerbaijan's state budget revenues reached 23.6 billion manats, exceeding the forecast by 855.9 million manats. Expenditures increased by 1.2% year-on-year.
Azerbaijan's External Public Debt Reaches $4.6 Billion
As of July 1, 2026, Azerbaijan's external public debt stood at $4.6168 billion, with 86.4% denominated in dollars, according to the Ministry of Finance.