Azerbaijan Allocates $8.5 Billion for Restoring Liberated Territories


BAKU: Azerbaijan plans to invest 14.6 billion manats, approximately $8.5 billion, in the reconstruction and restoration of territories liberated from occupation between 2025 and 2028. This expenditure represents 28.9 percent of the country’s capital expenditures, as detailed in a report by Azerbaijan’s Ministry of Finance, according to Trend News Agency.

According to Trend News Agency, the report also states that by the end of the medium-term period, capital expenditures from the state budget are expected to reach 11.7 million manats, or $6.9 million. This figure reflects a decrease of 3.5 million manats, or $2.1 million, marking a 23.3 percent reduction compared to the approved budget for 2024.

The report emphasizes that a substantial portion of government budget expenditures in the medium term will focus on the “Great Return” program and enhancing national defense and security. These initiatives are crucial components of Azerbaijan’s strategic priorities as the country seeks to ensure stability and progre
ss in the newly liberated regions.