BAKU, Azerbaijan, November 4. A total of 2.1
billion manat ($1.2 billion) will be allocated to finance
presidential scholarships and 465 million manat ($273.4 million)
for targeted state social assistance in 2026, the draft law “On the
State Budget of the Republic of Azerbaijan for 2026 said, Trend reports.
Meanwhile, it was discussed at today’s meeting of the
Azerbaijani Parliament Committee on Economic Policy, Industry, and
Entrepreneurship.
According to the document, of the social protection and social
security expenditures planned for 2026, a sum of 2.1 billion manat
($1.2 billion) is earmarked for financing old-age, disability,
survivor’s, and other social benefits to the population, pensions
of the President of the Republic of Azerbaijan, pensions paid to
war invalids, persons with disabilities for general reasons, war
veterans, and families of martyrs, 465 million manat ($273.4
million) for targeted state social assistance, and 141.2 million
manat ($83.05 million) for financing expenses related to paid
public works.
