Azerbaijan announces future activity directions of Karabakh Revival Fund

The directions of Azerbaijan’s Karabakh Revival Fund have been determined in the fund’s charter approved by a decree signed by President Ilham Aliyev on January 19.   

The Fund established by the presidential decree dated January 4, 2021 will operate in the following directions: ensuring the development of the relevant area; participation in the formation and implementation of state policy in the relevant area; cooperation with state bodies (institutions) in the relevant field, participation in the development and implementation of proposals; providing financial support for the implementation of work on restoration, reconstruction and sustainable development in the liberated territories.

The directions also include carrying out campaigning and educational work in order to attract investments for the restoration, reconstruction and sustainable development of the liberated territories, as well as for the effective organization of activities in this direction; encouraging work to achieve the goals of recovery, reconstruction and sustainable development in the liberated territories through a public-private partnership; carrying out activities in other areas established by the fund’s charter.

News.Az 

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