Baku:Azerbaijan has announced the allocation of substantial funds for the restoration of its liberated territories in 2027, as reported by APA.

According to Azeri-Press news agency, this allocation is detailed in the draft law "On the State Budget of the Republic of Azerbaijan for 2027," which has been submitted for discussion at the Economic Policy, Industry and Entrepreneurship Committee of the Milli Majlis. The draft projects AZN 5.3 billion for state capital investment expenditures in the 2027 state budget.

From this projected amount, AZN 3.4 billion is specifically designated for the Great Return initiative, focusing on the reconstruction and restoration of cities and villages, and the development of modern infrastructure in these liberated areas. This includes the restoration and reconstruction of essential services such as electricity, natural gas, water, communications, roads, education, healthcare, culture, housing, and communal services, along with cultural and historical monuments, and residential buildings. The remaining AZN 1.9 billion is allocated for other capital investment expenditures.

Overall, a total of AZN 3,422.0 million from the 2027 state budget expenditures will be dedicated to the restoration, reconstruction, and other measures in the territories of the Republic of Azerbaijan that have been liberated from occupation.