Subsidies for Baku Metro may increase by nearly 45%
Finance
- 23 October, 2025
- 15:42
In 2026, Azerbaijan plans to allocate a 40 million manat (just over $23.5 million) subsidy from the state budget to Baku Metro CJSC, Report informs.
According to the draft of the 2026 state budget package, this is 12.3 million manats (over $7.2 million), or 44.6% more, compared to 2025.
The purpose of the subsidy is to cover losses resulting from passenger transport service tariffs being set below the cost price.
Latest News
12:59
Suspect at large after attacking boy, spraying 3 police officers in Tokyo
Incident12:56
Azerbaijan, Kazakhstan foreign ministries discuss developing cooperation
Foreign policy12:45
Number of SMEs in Azerbaijan rises 74% in six years
Finance12:39
UPM, Sappi paper joint venture may lead to price hikes, EU regulators warn
Other countries12:32
Trump threatens Iran with photo of himself wearing machine gun: "No more Mr. Nice guy!"
Other countries12:31
Ukraine attacks Russia's Orsk oil refinery, Transneft facility in Perm
Other countries12:21
Participants from 175 countries register for WUF13 in Baku
Infrastructure12:17
US ambassador to Ukraine to leave over differences with Donald Trump
Other countries12:05