BAKU, Azerbaijan, October 16. The share of subsidies in the budget of the Nakhchivan Autonomous Republic in 2024 will account for 343.3 million manat ($201.9 million), or 0.9 percent of the expenditures of the state budget of Azerbaijan, Trend reports via the Azerbaijani Finance Ministry.
According to the information, it is 24.2 percent less than the approved forecast for 2023.
Subsidy to the budget of the Nakhchivan Autonomous Republic in 2023 (upper limit of transfer) is envisaged in the amount of 452.7 million manat ($266.2 million).
Next year's budget revenues are expected to reach 34.1 billion manat ($20 billion), while expenditures are expected to reach 36.7 billion manat ($21.5 billion).
