Baku:Azerbaijan may explore the possibility of increasing budget allocations for political parties, as stated by Finance Minister Sahil Babayev during a recent meeting.

According to Azeri-Press news agency, Minister Babayev made the remarks while addressing the Economic Policy, Industry and Entrepreneurship Committee of the Milli Majlis. The discussion took place as part of the deliberations on the draft law "On the State Budget of the Republic of Azerbaijan for 2027."

The minister noted that the budget allocations for political parties have remained unchanged for several years. However, he indicated that an increase in funding could be considered if relevant proposals are presented. The potential adjustment was also suggested during the budget discussions.