Azerbaijan to invest over $2.3 billion in Karabakh and Eastern Zangazur

Azerbaijan to invest over $2.3 billion in Karabakh and Eastern Zangazur Azerbaijan will allocate 3,825 million manats ($2.2 billion) or 10.4% from state budget expenditures for the reconstruction and restoration of the liberated territories.
Finance
October 14, 2023 12:07
Azerbaijan to invest over $2.3 billion in Karabakh and Eastern Zangazur

Azerbaijan will allocate 3,825 million manats ($2.2 billion) or 10.4% from state budget expenditures for the reconstruction and restoration of the liberated territories.

Report informs citing the Ministry of Finance that this is 20.3% less than the approved forecast for 2023.

Expenditures on Karabakh and Eastern Zangazur will amount to 49.1% of the expenditures of the economic activity.

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