Bank Of Baku

Azerbaijani Minister: Two main Saudi funds can invest in Karabakh

Samir Sharifov,  Azerbaijani Minister of Finance

© APA | Samir Sharifov, Azerbaijani Minister of Finance

# 19 December 2022 10:51 (UTC +04:00)

Saudi Fund for Development and the Public Investment Fund can allocate financial resources to the process of restoration and reconstructon work in Azerbaijani de-occupied territories, said Azerbaijani Minister of Finance Samir Sharifov during his speech at the 7th meeting of Azerbaijani-Saudi Joint Commission, APA-Economics reports.

He stressed that the involvement of private companies from Saudi Arabia in the restoration process in Karabakh can be considered.

The minister also added that $4 bn have been spent on reconstruction of Karabakh so far.

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