Azerbaijan reduces expenditures in Karabakh and East Zangezur by nearly 14%
In 2024, AZN 4,828.5 million was allocated from the state budget for the restoration and reconstruction of the territories of Azerbaijan liberated from occupation. This was reported by the Ministry of Finance.
According to the data, it is down by 13.6% from 2023.
During the year, 99.4% of the AZN 4,855.8 million envisaged in the State Budget for Karabakh and East Zangezur was used by ordering organisations. Including 98.5% of the funds envisaged in the state budget for state capital investments or AZN 2,771.1 million were used.
Finance
-
The Accounting Chamber has conducted an external measure of state financial control in the State Reserves Agency.This was reported by the Chamber.
-
In 2024, receipts from paid services of organisations financed from the state budget of Azerbaijan amounted to AZN 547.9 million.This was reported by the Ministry of Finance.
-
As of the end of 2024, the State Oil Fund (SOFAZ) had assets worth $60,031.4 million. This is reported by the Fund.
-
USD 1,7 EUR 1,7739
Leave a review