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Reasons Behind Revision Of Azerbaijan s State Budget For 2024 Revealed

Finance Minister advocates state budget revisions for national initiatives

Finance Minister Samir Sharifov highlighted the need for revisions to the state budget to accommodate various crucial initiatives, including the implementation of measures outlined in the "State Program for the Great Return," bolstering defense capabilities and national security, launching new infrastructure projects, and providing additional financial support for international activities and events, alongside essential capital acquisitions, Azernews reports.

Azerbaijan may borrow $5 bln for major infrastructure projects, finance minister says

Azerbaijan wants to borrow $5 billion from international credit institutions in the coming years for large infrastructure projects, including in territories secured in a lightning military offensive. -May 27, 2024 at 11:01 am EDT - MarketScreener

Azerbaijan may borrow $5 billion for major infrastructure projects, finance minister says

BAKU (Reuters) - Azerbaijan wants to borrow $5 billion from international credit institutions in the coming years for large infrastructure projects, including in territories secured in a lightning military offensive in September, the finance minister told Reuters.

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