Azerbaijan’s Finance Minister Highlights Key Components of 2026 State Budget

Baku: Azerbaijan’s Finance Minister Sahil Babayev has detailed the primary aspects of the upcoming state budget for 2026, emphasizing the comprehensive measures taken to ensure the nation’s defense capabilities and security. Social programs aimed at enhancing the welfare of Azerbaijani citizens have been fully funded, as discussed in the Milli Majlis Committee on Economic Policy, Industry, and Entrepreneurship, APA reports.

According to Azeri-Press News Agency, Minister Babayev emphasized that the budget includes all necessary measures for the reconstruction of liberated territories and the resettlement of citizens. The budget package also provides for the advancement of infrastructure. The minister highlighted that one of the main objectives-reducing reliance on oil revenues-has been addressed in the budget. In line with the President’s directives, a framework has been established to optimize budget expenditures and curb excessive spending.