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Azerbaijan’s budget dependency on oil fund transfers intensifies

GenevaTimes by GenevaTimes
September 8, 2025
in Europe
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Azerbaijan’s budget dependency on oil fund transfers intensifies
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Economy
Materials
9 September 2025 00:57 (UTC +04:00)

Azerbaijan’s budget dependency on oil fund transfers intensifies


Azerbaijan’s state budget revenues for the first half of 2025 surpassed forecasts by 3.7%, driven by increased transfers from the State Oil Fund despite a decline in direct oil and gas tax revenues, highlighting a growing fiscal reliance on oil fund transfers.

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