Azerbaijan spends about $3.3B on Karabakh and Eastern Zangazur
Finance
- 22 January, 2024
- 13:28
In 2023, 5.6 billion manats ($3.3 billion) were allocated from the state budget for the reconstruction and restoration of the liberated territories of Azerbaijan.
Report informs, citing the Ministry of Finance, that 4.8 billion manats ($2.8 billion), or 85.9%, of those funds were allocated from the targeted expenses intended for Karabakh and Eastern Zangazur, 145.4 million manats ($85.5 million), or 2.6% from the President's reserve fund, 145.3 million manats ($85.5 million), or 2.6%, from the reserve fund of the state budget, 32.5 million manats ($19.1 million), or 0.6%, from the state capital investment (investment costs), and 464.8 million manats ($273.4 million), or 8.3%, from the funds earmarked from other sources in the state budget.
Latest News
17:59
Azerbaijan imports 13,457 tons of peat worth $2.26M
Business17:47
'There are no pressing security threats to Greenland': US Democratic senator
Other countries17:41
Bitcoin price falls below $95,300
ICT17:21
Zelenskyy: Ukraine needs to boost electricity imports amid Russian strikes
Other countries17:09
Trump invites Erdogan to join Gaza peace board as founding member
Region16:54
Seven detained at unauthorized protest near Iranian embassy in Yerevan
Region16:41
More than 100 dead in torrential rains and floods across southern Africa
Other countries16:23
Azerbaijan imports 84 tons of cloves worth $667,000
Business16:06