Ilham Aliyev: “We do not want to take loans from banks to reconstruction of Karabakh”

“Regarding projects on the territories liberated from occupation, on the work on the reconstruction this year we allocated $ 1.3 billion from our budget, and, frankly, we do not want to take loans from banks.” According to AzerTaj, President Ilham Aliyev stated this during the discussions “South Caucasus: prospects for regional development and cooperation”, organized in video format by the International Center for Nizami Ganjevi.

“We estimate the possibilities of investment investment. Because the territories liberated from occupation there are great opportunities for investment investment. We have big plans for the reconstruction. Therefore, we would be glad if banks instead of direct financial assistance, which is actually not Azerbaijan. We needed, helped foreign and local investors in the implementation of projects on the territories liberated from occupation, “said the head of state.