Azerbaijan may allocate additional funds to liberated territories
Infrastructure
- 06 December, 2021
- 07:44
This year alone, 2.2 billion manats have been allocated from the state budget to restore the liberated areas, and next year it is planned to set at least the same amount, Deputy Economy Minister Sahib Alakbarov said at a scientific-practical conference on "Opportunities for the innovative economic development of the liberated territories" in Shamakhi.
"If we add the funds and foreign investments allocated by the private sector, this amount may be raised in the future. Since everything has to be built from scratch in the liberated lands, it is easier to apply innovation, and there are more opportunities for that. On the other hand, there must not be the lack of funds, which is always one of the main obstacles to innovation," he noted.
Latest News
00:00
Azerbaijan bans e-cigarettes, introduces fines for violations starting April 1
Domestic policy23:56
Israel halts defense trade with France, citing 'hostile attitude'
Other countries23:43
Baghaei: Sanctions, attacks on pharma plants deprive Iranians of vital medicine
Region23:21
Iran attacks US base in Saudi Arabia with drones and rockets
Region23:12
13 countries ready to join tribunal probing Russia's crimes in Ukraine
Other countries22:54
Belgium hopes for swift peace deal between Azerbaijan and Armenia
Foreign policy22:34
WHO office in Tehran damaged by attacks, no casualties
Other countries22:11
Turkish FM meets Ukraine's National Security Secretary in Ankara
Region21:53