Bank Of Baku

Funds, to be allocated for Azerbaijan's liberated territories next year, announced

Funds, to be allocated for Azerbaijan
# 25 October 2022 10:08 (UTC +04:00)

12.4% more funds will be allocated for restoration of the territories liberated from occupation and provision of Great Return plan next year in comparison with the previous year, it has been reflected in the draft law "On state budget of the Republic of Azerbaijan for 2023," APA reports.

It has been stated in the document that the restoration of territories liberated from occupation and provision of the Great Return plan are among the main directions in the draft of the 2023 state budget. In this direction, there is an annual increase in the allocation of funds from the state budget.

In 2023, funds of AZN 3.0 billion are planned for the renovation of territories liberated from occupation. This is 12.4% more than in 2022, and 37.7% more than in 2021.

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