11:21 - 7.10.2025

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October 7, Fineko/abc.az. In the first half of 2025, the member countries of the Organization of Turkic States have also achieved significant success in the financial sector.

ABC.AZ informs, referring to the Turkic Economic Review for Q2 of 2025, that budget revenues of Kazakhstan and Turkey have increased. The growth was mainly driven by hydrocarbon revenues, as well as tax reforms and infrastructure financing. Kazakhstan's government revenues increased by 17.6% to $28.45 billion, while Turkey's revenues totaled $149.58 billion. Azerbaijan has achieved a 5.1% increase in budget revenues, reaching a total of $11.65 billion, the growth is mainly due to the development of the non-oil sector.