BAKU: Azerbaijan has allocated over AZN 3.6 billion for construction and installation works in its liberated districts from January to September 2024. These expenditures represent a significant investment in rebuilding efforts across the regions that were reclaimed.
According to Azeri-Press News Agency, calculations based on the State Statistics Committee’s report indicate that AZN 3 billion 604 million 307 thousand were spent during this period. This amount is a decrease of 6.9% or AZN 266.3 million compared to the same timeframe in the previous year, where AZN 3 billion 870 million 597 thousand were directed towards similar projects.
The largest allocations during the reporting period were directed towards Kalbajar, Aghdam, and Lachin districts, receiving AZN 797 million 437 thousand, AZN 527 million 112 thousand, and AZN 567 million 497 thousand, respectively.
In the broader context of Azerbaijan’s national spending, AZN 12 billion 711 million were allocated for fixed capital in the country during the s
ame period, with AZN 9 billion 193 million dedicated to construction and installation works. The funds used for projects in liberated territories thus constituted 39.2% of the total reconstruction expenditure across Azerbaijan.