BAKU, Azerbaijan, August 7. The amount of overpayments to the state budget has approached 3 billion manat ($1.77 billion).
This is reported in the Ministry of Finance’s report for the first half of 2026.
According to the report, the amount of funds payable to the state budget totaled 4.05 billion manat ($2.3 billion). This figure increased by 741.6 million manat ($436.4 million), or 22.4%, compared to the beginning of the year, and by 556.7 million manat ($327.6 million), or 15.9%, compared to the same period last year.
Overpayments to the state budget for the reporting period totaled 2.8 billion manat ($1.6 billion). This amount is 460.4 million manat ($270.9 million), or 19.2%, higher than at the beginning of 2026, and 142.3 million manat ($83.7 million), or 5.2%, higher than the same period last year.
At the same time, based on available information, state budget expenditures for the period from January through June 2026 totaled 16.7 billion manat ($9.8 billion). This figure decreased by 320.1 million manat ($188.3 million), or 1.9%, compared to the corresponding period of 2025.
Meanwhile, budget overpayments or overspending happen when actual costs or disbursed funds go higher than the planned financial limits. This can mean spending more than a project allowance or accidentally paying an employee or vendor too much money.
