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
23:52
EU drops ban on transport of Russian LNG in latest sanctions package
Other countries23:38
Gurbanov: Qarabag will aim for better result in return leg against CSKA Sofia
Football23:24
Mine explosion injures one in Azerbaijan's Jabrayil
Incident23:06
US announces over $200M in humanitarian assistance to ICRC and IFRC
Other countries22:41
Turkish MFA condemns storming of Al-Aqsa Mosque by Israelis
Region22:18
Azerbaijan raises investment in Eurasian transport network
Infrastructure22:00
Photo
Qarabag held to goalless draw by CSKA Sofia
Football21:58
Paide beat Zira 1-0 in Conference League qualifier
Football21:35