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Deputy Minister: $2 billion allocated to youth education in Azerbaijan over the past five years

Anar Karimov, First Deputy Minister of Finance

16 June 2026 10:28 (UTC +04:00)

Nearly $2 billion has been allocated to youth education in the country over the past five years, Anar Karimov, First Deputy Minister of Finance, said during the session titled “Youth Without Borders: A Driving Force for Shared Regional Prosperity” held as part of the Islamic Development Bank Annual Meetings in Baku, APA-Economics reports.

According to him, approximately 70,000 young people have benefited from various educational programs during that period.

“In Islam, education is not only an economic investment, but also an investment in human dignity, responsibility and service to society. That is why in Azerbaijan we view investment in youth as an investment in young entrepreneurship. Young entrepreneurs need access to broader markets, greater freedom of movement and stronger networks,” he said.

Anar Karimov Azerbaijan youth education education funding Islamic Development Bank IsDB youth entrepreneurship young entrepreneurs educational programs human capital economic investment regional prosperity Baku Ministry of Finance