Karabakh Revival Fund ready to allocate over 100M manats for projects in liberated territories in 2025

Karabakh Revival Fund ready to allocate over 100M manats for projects in liberated territories in 2025 The Karabakh Revival Fund is ready to allocate over 100 million manats ($58.823 million) in 2025 for the implementation of projects in the liberated territories of Azerbaijan
Domestic policy
December 25, 2024 12:10
Karabakh Revival Fund ready to allocate over 100M manats for projects in liberated territories in 2025

The Karabakh Revival Fund is ready to allocate over 100 million manats ($58.823 million) in 2025 for the implementation of projects in the liberated territories of Azerbaijan, Rahman Hajiyev, chairman of the Board of the Karabakh Revival Fund, told journalists, Report informs.

He noted that the fund also has plans for green energy projects in the liberated territories.

Hajiyev reported that donations began flowing into the Fund immediately after the end of the second Karabakh war: "After the war, the fund received more than 800 million manats. In 2022, donations exceeded 400 million manats ($235.294 million), last year - slightly over 200 million, and this year - about 100 million manats."

Hajiyev added that the fund's income from managing free funds is simultaneously growing.

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