Azerbaijan to spend 20B manats for liberated territories in next 5 years

The costs of reconstruction and restoration of the liberated territories of Azerbaijan in 2025-2029 are forecasted to amount to 20 billion manat ($11.76 billion), reads the Medium-Term Budget Framework for 2025-2029 released by the Ministry of Finance, Report informs.

According to the document, these costs will account for approximately 30% of the state budget's capital expenditures.

In 2021-2024, 17.6 billion manats ($10.35 billion) were allocated from the state budget for the reconstruction and restoration of the liberated territories of Azerbaijan, including 5.35 billion manats ($3.15 billion) in 2024. In 2025, 4 billion manats ($2.35 billion) are planned to be allocated in this regard.