BAKU, Azerbaijan, June 30. Azerbaijan’s state
monetary system continued to function beneath versatile and
accountable administration rules in 2025 regardless of persistent international
financial challenges, Finance Minister Sahil Babayev stated on
Tuesday, Pattern’s
correspondent experiences from the occasion.
Talking throughout a parliamentary debate on the draft regulation
approving the implementation of Azerbaijan’s 2025 state price range,
Babayev stated the nation’s financial stability had been maintained
regardless of ongoing geopolitical tensions, disruptions to international provide
chains, and volatility in vitality and meals markets.
“The implementation of the 2025 state price range exhibits that the
growth course set by President Ilham Aliyev has ensured the
sustainable growth of our nation, monetary stability and
enchancment of the well-being of residents, even in troublesome international
financial circumstances,” Babayev stated.
He stated the outcomes mirrored continued efforts to strengthen
fiscal self-discipline, diversify the financial system and enhance social
welfare.
In accordance with Babayev, the 2025 state and consolidated budgets
prioritized social safety, financial growth, protection and
nationwide safety, in addition to reconstruction and restoration
initiatives in territories regained by Azerbaijan, whereas making certain
funding for the federal government’s key goals.
