12:39 - 28.04.2026

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April 28, Fineko/abc.az. Fitch Ratings notes that non-oil budget revenues have increased significantly, accounting for about half of total revenues (13% of GDP) in 2022–2025, ABC.AZ reports, referring to Fitch.

According to the fiscal rule, the non-oil deficit must be reduced below 13% of non-oil GDP by 2029. For comparison, this figure stood at 20.4% in 2024. The report emphasizes that achieving this will require further increases in non-oil revenues and strengthening of the institutional framework, including tighter oversight and the formation of clear fiscal targets.