AZN 5.9 bn to be allocated from Azerbaijan’s state budget for economic activities

11:50 - 27.10.2021


October 27, Fineko/abc.az. The State Budget of Azerbaijan is expected to allocate AZN 5.932 bn for economic activities next year.

ABC.AZ reports that this is reflected in the Draft Law on State Budget 2022.

According to the document, AZN 4.99 bn will be spent on construction and urban development, AZN 2.79 bn on state capital investments (investment expenses), AZN 2.2 bn on expenses for the restoration and reconstruction of territories liberated from occupation. In addition, next year AZN 218 million from the budget will be directed for transport and communications, AZN 56 million for commercial activities, AZN 8 million for geodesy and minerals, AZN 2 million for fuel and energy and AZN 656 million for other services related to economic activity.

 

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