BAKU, Azerbaijan, September 9. The free balance of Azerbaijan’s unified treasury account reached 4.51 billion manat ($2.65 billion) as of July 1, 2025, marking an increase of 2.67 billion manat ($1.57 billion) compared to the beginning of the year.
Data obtained by Trend from the Chamber of Accounts' "Summary of semi-annual information on the analysis of the state budget execution for the first six months of 2025" indicates that the growth in the free balance was linked to significant budget surpluses from January through April, as well as revenue inflows during these months used to cover deficits, including privatization proceeds and foreign loans.
“For the first time during the reporting period, deposit auctions were organized from April to place the unified treasury account’s free balance in national currency in local banks to ensure more efficient management of state budget funds. By July 1, 2025, these deposits amounted to 2.5 billion manat ($1.4 billion).
These operations helped enhance bank liquidity, while the Central Bank monitored sterilization measures, such as repo and deposit auctions, to manage excess liquidity. Revenue from managing the free balance amounted to 23.4 million manat ($13.7 million) against a forecast of 1.4 million manat ($823,400), of which 14.6 million manat ($8.5 million) were earnings on funds previously allocated to the State Treasury Agency in the prior year, according to agency data. The annual forecast for this source was confirmed at 10 million manat ($5.8 million)," the statement said.
