Infrastructure

Home page

Infrastructure

Azerbaijan increases amount of funds allocated to construction works in liberated territories by more than AZN 2 bln -LIST

12 February 2024 15:27 (UTC +04:00)

In 2023, AZN 5 bln 984 mln 157 thousand of funds were spent on construction and installation works in liberated territories of Azerbaijan, APA-Economics reports citing the report of the State Statistical Committee of the Republic of Azerbaijan.

According to the calculations of APA-Economics based on the report, the amount of these indicators is 53.9% or AZN 2 bln. 96 mln. 771 thousand more compared to the previous year.

Thus, in 2022 AZN 3 bln. 887 mln. 771 thousand were allocated to the construction and installation works in the liberated territories.

Note that during this period, compared to 2022, the funds spent on construction and installation works increased 2056 times in Khojaly, 5.4 times in Lachin, 2.2 times in Kalbajar, 76.6% in Agdam, and 63.5% in Gubadli.

Additionally, during the reporting period, the most funds were allocated to Lachin (AZN 1 billion 502.3 million), Kalbajar (AZN 874.2 million) and Fuzuli (AZN 657.6 million) districts.