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
13:13
Azerbaijan sees 4.5-fold surge in crude oil exports to Bulgaria
Energy13:01
IRGC claims strikes on US military bases in Jordan
Other countries12:51
Ebola death toll in DR Congo reaches 1,033
Other countries12:36
Georgia nearly triples earnings from sheep exports to Azerbaijan
Business12:25
Temperatures in Azerbaijan to reach 39 C on July 24
Ecology12:19
Von der Leyen reveals details of 21st EU sanctions package against Russia
Other countries12:08
Iran says stopped three oil tankers transiting Strait of Hormuz
Other countries12:05
Photo
Hydropower plants in Azerbaijan's Kalbajar to get int'l carbon certificates
Energy12:01