Finance

Home page

Finance

State investment expenditures tripled

06 August 2008 10:26 (UTC +04:00)

Baku. Nijat Mustafayevâ€“APA-Economics. State investment expenditures were AZN 1.918 billion within six months of year, Finance Minister Samir Shariforv addressing the meeting on outcomes of half of the year noted that investment expenditures were tripled (AZN 1.283 billion).
â€œAZN 275 have been allocated to the construction of social-cultural facilities, AZN 95 million to the construction of new schools, additional classrooms, kindergartens, AZN 48 million to the construction of new hospitals, ambulatories, first aid stations, AZN 78 million to the construction and reconstruction of new cultural facilities, AZN 28 million to the construction of sport complexes in the regions, AZN 2.4 million to providing martyrsâ€™ families with housesâ€, he said.
Sharifov added that AZN 1.323 billion had been allocated to the reconstruction and construction of communal and transport infrastructures, AZN 207 million to the construction of power stations, AZN 109 million to the reconstruction of water supply of the regions and water drainage installations, AZN 746 million to the construction of highways, AZN 28 million to reconstruction of airports in Zagatala and Lankaran, AZN 75 million to reconstruction of Icherisheher metro station, delivering new vans.
â€œState Oil Fund allocated AZN 132.1 million to construction of settlements for refugees and IDPs, reconstruction of Samur-Absheron watering system, realization of Oguz-Gabala-Baku water pipeline, Baku-Tbilisi-Kars railroadâ€, he said.