Azerbaijan increases capital investment in international funds almost eightfold

Azerbaijan increases capital investment in international funds almost eightfold - Azerbaijan increases capital investment in international funds by almost eightfold
Finance
December 27, 2024 12:02
Azerbaijan increases capital investment in international funds almost eightfold

In 2025, Azerbaijan will allocate 243.1 million manats (around $143 million) from its state budget to finance its share in the authorized capital of international investment and development funds, where the country is a co-founder.

According to Report, it was reflected in the order on the application of the law "On the State Budget for 2025," approved today by President Ilham Aliyev.

The document reveals that this amount is nearly eight times higher than the allocation in 2024.

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