Baku: The 2026 budget of the State Oil Fund of the Republic of Azerbaijan has been approved. President Ilham Aliyev signed a decree to formalize the budget, APA reports.

According to Azeri-Press News Agency, this approval marks a significant step in the financial planning for Azerbaijan's oil revenues. The State Oil Fund is a key institution in managing the country's oil-related income, ensuring that the wealth generated from oil resources is utilized for economic development and stability. The newly approved budget will guide the fund's operations and allocations for the year 2026.