Azerbaijan reveals its state budget savings from e-procurement
Azerbaijan reports increased budget savings through e-procurement, reflecting improved efficiency in public spending and financial management. trend.az »
Budget - Ïîñëåäíèå íîâîñòè [ Íîâîñòè ñ ôîòî ] | |
Azerbaijan reports increased budget savings through e-procurement, reflecting improved efficiency in public spending and financial management. trend.az »
KazTransOil, a subsidiary of KazMunayGas, reported an increase in tax payments to Kazakhstan’s state budget in the first quarter of 2026. trend.az »
Azerbaijan has outlined its forecast for consolidated budget expenditures over the medium term. trend.az »
Azerbaijan's consolidated budget revenues are projected to grow in 2027 compared to 2026. The Ministry of Finance expects a significant increase in non-oil and gas revenues by 2030. This growth is supported by macroeconomic forecasts and efforts to enhance the business environment and transparency. trend.az »
Azerbaijan's Ministry of Finance has unveiled its Medium-Term Budget Framework for 2027-2030, outlining key fiscal policies, expenditure priorities, and forecasts for the state and consolidated budgets. trend.az »
Lebap region overfulfilled its budget revenue plan in the first quarter, while continuing infrastructure and housing construction under a national program. trend.az »
Uzbekistan’s fiscal outlook remains stable as ongoing reforms support consolidation and macroeconomic resilience, though external and fiscal risks continue to persist. trend.az »
Rising gold prices and strong mining output in 2025 significantly boosted Kyrgyzstan’s budget revenues and reinforced the sector’s influence on industrial growth. trend.az »
State budget revenues topped forecasts in the first quarter of 2026, reaching 9.599 billion manat — about 5% above expectations — while government spending remained close to planned levels, according to the Finance Ministry. trend.az »
Turkmenistan overfulfilled its state budget revenue plan in the first quarter of 2026, while capital investments also showed growth. trend.az »
Kazakhstan’s budget performance in the past year reflects stronger revenue collection alongside rising social spending. trend.az »
The strong growth of Kyrgyzstan’s state budget revenues highlights the expanding fiscal capacity and the effectiveness of the country’s revenue-generation and tax policies. trend.az »
The sharp growth of Kyrgyzstan’s consolidated budget underscores the strengthening of the country’s fiscal framework and the expanding capacity to support sustainable economic development. trend.az »
The growth of Bishkek’s city budget reflects strengthening municipal finances and an expanding revenue base, enhancing the capital’s capacity to fund urban development and public services. trend.az »
In January 2026, Azerbaijan’s state and consolidated budget revenues exceeded expectations. The budget execution showed positive results, with a high volume of payment orders processed. Several key revenue areas outperformed forecasts, demonstrating strong financial performance. trend.az »
Kyrgyzstan achieved significant economic growth and stability, driven by comprehensive reforms, state support, and major socio-economic transformations. trend.az »
In January, Azerbaijani consumers opened their wallets wider for food products, accounting for nearly half of the total retail trade turnover. trend.az »
Turkmenistan hit the bullseye with its state budget targets in January while also seeing a boost in capital investment and retail trade turnover, as revealed in the data shared at a Cabinet of Ministers meeting. trend.az »
Uzbekistan has outlined its economic priorities for 2026, approving key macroeconomic targets and State Budget parameters that emphasize steady growth, controlled inflation, and expanded social and development spending. trend.az »
The new rules are expected to enhance transparency and legal clarity in budget lending, strengthening fiscal discipline and improving the management and recovery of state financial resources. trend.az »
Azerbaijan's state budget generated a notable surplus in 2025, with revenues significantly exceeding expenditures. The government’s spending during the year led to a substantial surplus in the budget execution. trend.az »
Nakhchivan Autonomous Republic has reported an increase in both budget revenues and expenditures, reflecting continued fiscal growth in the region. trend.az »
KazTransOil, the national pipeline operator, and its subsidiaries and joint ventures paid a total of 66.1 billion tenge ($129.9 million) in taxes and other mandatory payments to the state budget of Kazakhstan in 2025. trend.az »
Azerbaijan’s budget revenues have outperformed forecasts in the first eleven months of 2025, with consolidated revenues reaching nearly 44 billion manat and state budget revenues totaling about 36 billion manat. trend.az »
Uzbekistan is set to significantly expand its social spending in 2026, directing more than half of all state budget expenditures toward education, healthcare, and social protection. trend.az »
Azerbaijan has generated significant revenue for the state budget from the privatization and leasing of state property during the first ten months of 2025. trend.az »
Kazakhstan is planning to reduce the dependence of regional budgets on the central government. trend.az »
Azerbaijan’s consolidated budget posted a strong surplus in the first ten months of the year, with revenues reaching around 41 billion manat and expenditures at about 33 billion manat. trend.az »
Azerbaijan’s state budget recorded strong revenue growth in the first ten months of the year, reaching nearly 41 million manat and surpassing projections by more than 3.9 million. trend.az »
Azerbaijan’s 2026 budget deficit is projected at 3.09 billion manat ($1.8 billion), with debt servicing costs of 2.46 billion manat ($1.44 billion). trend.az »
The 2026 draft budget indicates a shift toward greater fiscal self-sufficiency for the Nakhchivan Autonomous Republic, as state subsidies decline while locally generated revenues rise significantly. trend.az »
Measures taken to mobilize local financial resources, improve tax administration, and enhance the effectiveness of financial management are yielding tangible results. trend.az »
As of September 30, 2025, the State Oil Fund of Azerbaijan (SOFAZ) has made a transfer of 166.79 billion manat (approximately $98.7 billion) to the state budget. trend.az »
Azerbaijan’s total state budget revenues for next year are projected at roughly 45 billion manat, with expenditures expected to reach about 49 billion manat. trend.az »
Azerbaijan plans to spend 2.46 billion manat on public debt servicing in 2026, which is 60 million manat more than in 2025. trend.az »
Azerbaijan boosted its state budget spending on agriculture to around 770 million manat in the first nine months of the year. trend.az »
Azerbaijan’s consolidated budget recorded a surplus of around 7 billion manats in the first nine months of the year, marking a 21 percent decline compared to the same period last year. trend.az »
Revenue from the Azeri-Chirag-Gunashli (ACG) oil project to Azerbaijan’s budget fell sharply, dropping by over 300 million manat compared to last year. trend.az »
Azerbaijan’s Shah Deniz field contributed nearly 1.75 billion manat to the state budget in the first nine months of the year, up slightly from last year. trend.az »
Kazakhstan’s 2026 budget prioritizes social support and fiscal stability, with increased revenues driven by economic reforms and enhanced tax administration under the new Tax Code. trend.az »
Kazakhstan’s 2026–2028 budget will prioritize key development areas through significant fund reallocations, reflecting a strategic shift under the new Budget Code focused on efficiency and results. trend.az »
Between January and September, the Azerbaijani state budget refunded over 200 million manat to individuals and legal entities. trend.az »
Kazakhstan’s budget is set to swing into deficit in 2025, with ING Group warning that a high breakeven oil price and widening current account shortfall are fueling pressure on the tenge and underscoring the need for fiscal consolidation trend.az »
Kazakhstan’s financial stability is improving, with the state budget deficit shrinking from 1. 7 trillion tenge ($3. 06 billion) to 1. 5 trillion tenge ($2. 7 billion) in the first seven months of 2025. trend.az »
Azerbaijan plans to cut agricultural spending by 9.3% in 2026 despite broader economic growth, signaling a strategic shift in budget priorities amid strong non-oil sector expansion. trend.az »
Azerbaijan’s consolidated budget for 2026 projects revenues of 44.8 billion manat ($26.45 billion) and expenditures of 48.7 billion manat ($28.73 billion). Both figures represent an increase over the 2025 forecast—2 percent for revenues and 2.2 percent for expenditures. trend.az »
The budget expenditures of Azerbaijan's Nakhchivan Autonomous Republic totaled 203.2 million manat ($119.9 million) in the first half of 2025, meeting 84.4 percent of the forecast. Spending across all budget categories fell short of projections. trend.az »
In the first half of 2025, Azerbaijan collected 21.8 million manat ($12.9 million) in revenue from leasing public property. This marks a 22.3% increase compared to the same period last year. A total of 2,212 new lease agreements were signed for non-residential premises and land plots. trend.az »
Kyrgyzstan is forecast to maintain moderate economic growth through 2027, with GDP rising by 5.6 percent in 2026 and 5.4 percent in 2027. Inflation is projected to gradually decline but remain near the upper end of the central bank’s target. trend.az »
TBY talks to Jahangir Askerov, President of CJSC Azerbaijan Airlines (AZAL), on reducing airfares 1news.az »