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Funding of the state program for the socio-economic development of Nakhchivan is reduced

Funds intended to finance the state program for socio-economic development of the Nakhchivan Autonomous Republic have been reduced more than three times.

AZERTAC informs that the President on this Ilham Aliyev Signed the Decree amending the Decree “On the State Budget of the Republic of Azerbaijan for 2024” on a number of issues related to the implementation of Law No. 1028-VIQ of December 5, 2023 of the Republic of Azerbaijan.

The decree establishes that the amount of 249 million 100 thousand manats allocated to finance the State Program for the socio-economic development of Nakhichevan was reduced to 70 million manats.

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Jeffrey Roundtree
Jeffrey Roundtree
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