Azerbaijan reveals funds it allocated for establishment of Azerbaijan-Uzbekistan Investment Company (Fund) and Azerbaijan-Kyrgyz Development Fund

 

The funds allocated by Azerbaijan last year for the establishment of Azerbaijan-Uzbekistan Investment Company (Fund) and Azerbaijan-Kyrgyz Development Fund have been unveiled, this is noted in the annual report on the implementation of the 2023 state budget of the Republic of Azerbaijan, Paralel.Az reports.

It was noted that AZN 212,5 million (as well as Azerbaijan-Uzbekistan Investment Company (Fund) and Azerbaijan-Kyrgyz Development Fund) were allocated for the purpose of financing the share of the Azerbaijani side in the authorized capital of the international investment and development funds co-founded by the Republic of Azerbaijan.

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