AZN 11.765bn to be invested in Azerbaijan’s economy
07 November 2006 15:42 (UTC +04:00)
As per State Investment Program, investment of AZN 11.765bn will be made in various spheres of Azerbaijan’s economy by 2011, Economic Development Minister Heydar Babayev said, APA reports.
He said 75% of the investment will be made by the Government of Azerbaijan and 25% will be made on account of loans to be allowed by international financial organizations.
The Government will allocate AZN 4m, and international financial organizations AZN 2.4m to infrastructure projects. Besides, domestic investment in social sphere will make up AZN 974m and foreign investment in this sphere will be AZN 15m. /APA/
He said 75% of the investment will be made by the Government of Azerbaijan and 25% will be made on account of loans to be allowed by international financial organizations.
The Government will allocate AZN 4m, and international financial organizations AZN 2.4m to infrastructure projects. Besides, domestic investment in social sphere will make up AZN 974m and foreign investment in this sphere will be AZN 15m. /APA/
Fighting Sports
Azerbaijani wrestlers win license for Paris 2024 Olympic Games in full composition
20:33
7 April 2024
Azerbaijani wrestler wins a license for the Paris 2024 Olympic Games
19:30
7 April 2024
Athletes from 33 countries to participate in European Qualification Tournament in Baku
18:44
29 March 2024
Azerbaijan's national team refuses to attend Sambo World Cup to be held in Yerevan
15:28
27 March 2024