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By year-end, Azerbaijan to ensure spending of up to 12 billion manats in Karabakh and Eastern Zangezur - President Ilham Aliyev

Politics Materials 11 July 2023 18:33 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, July 11. Everything we do is done in a planned manner. The highest standards are and should be applied in the liberated lands, said President Ilham Aliyev as he addressed a meeting dedicated to the socio-economic results of six months of 2023, Trend reports.

"By the end of this year, on the basis of the overall investment program, we will ensure the spending of up to 12 billion manats in Karabakh and Eastern Zangezur. I should also note that all this work is being carried out at the expense of Azerbaijan. Except for two schools, all remaining infrastructure and construction works are financed from Azerbaijan’s state budget and are carried out by Azerbaijani state companies," the head of state noted.

"When the next year's investment program is prepared, we will start discussing next year's budget in the near future. Of course, we will look at the investment costs of Karabakh and Eastern Zangezur, and we should make sure that we do not lose time due to financial constraints. Our financial opportunities are expanding. However, this should not mean that we have no problems in this area. There are many tasks facing the country. Infrastructure projects are being implemented not only in Karabakh and East Zangezur, but throughout the country. Our huge financial resources are involved and mobilized in connection with industrial development and other issues. Of course, we should approach all allocated funds in a cost efficient manner and ensure complete transparency – both in collecting and spending budget revenues. As I mentioned, when additions were made to our budget, the second main direction has been to increase our military strength. And this is also natural. The international situation is clear. The words I have been saying for many years are being clearly manifested today. International law in different parts of the world does not work. International law, decisions and resolutions of international organizations cannot be relied upon. We have always been in favor of law, including international law. We have always been in favor of justice. Even today, we support justice and international law and defend this position at the international level – both as a country and as chair of the Non-Aligned Movement, which brings together 120 countries, and the last ministerial meeting we showed it," President Ilham Aliyev said.

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