Bank Of Baku

President: Drinking water problems of Baku and the Absheron Peninsula have been serious for many years

Ilham Aliyev, President of the Republic of Azerbaijan

© APA | Ilham Aliyev, President of the Republic of Azerbaijan

# 12 January 2026 16:03 (UTC +04:00)

"Unfortunately, the drinking water problems of Baku and the Absheron Peninsula have been serious for many years," President of the Republic of Azerbaijan Ilham Aliyev said at a meeting dedicated to the State Program for the improvement of water supply, wastewater, and stormwater systems in Baku and the Absheron Peninsula for 2026–2035, APA reports.

"Some work has been done in this direction; however, I believe the time has come to adopt a large-scale and comprehensive state program. This program will cover the city of Baku, its settlements, the city of Sumgayit, and Absheron district. The preparation process began some time ago on my instructions, and the program is now almost ready. We will discuss it today, review the work already done, and determine what more needs to be done

As mentioned, the primary goal of this program is to provide Baku and the Absheron Peninsula with sustainable drinking water. The program must be implemented by 2035, which in itself shows how large-scale it is, as time is needed to implement it in full. Financial sources for its implementation have been identified. It will be financed from two sources: the state budget and foreign loans. The reforms carried out in this sector in recent years have significantly reduced our foreign debt. Today, Azerbaijan is one of the world’s leading countries in terms of the ratio of foreign debt to GDP, which stands at just over 6 percent. This allows us to apply for additional foreign loans, especially considering that leading international financial institutions are approaching us themselves," President noted.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED