15:31 - 19.11.2024

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November 19, Fineko/abc.az. As of July 1, 2024, Azerbaijan's overall financial assets amounted to 103.27 billion manats (a rise of 4% against Jan-Jun 2023).

ABC.AZ informs that this was reflected in Accounts Chamber's response on the BIll on State Budget 2025.

As of 1 July 2024, the net financial assets totaled 77.586 billion manats (5.543 billion manats less versus Jan-Jun 2023).

The decrease in net financial assets is linked with significant increase in liabilities. Thus, mainly as a result of the conversion of state guarantees into public debt, an increase in liabilities of 9.535 billion manats was recorded, which exceeded the registered growth of financial assets by 3.99 billion manats.