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BAKU: Financial damage from Armenian occupation over $26bn

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  • BAKU: Financial damage from Armenian occupation over $26bn

    Financial damage from Armenian occupation over $26bn

    Azer News
    19 May 05

    The occupation by Armenia of Azerbaijani territories has inflicted
    financial damage worth $26.5 billion to Azerbaijan, Economic
    Development Minister Farhad Aliyev said.

    "Azerbaijan has also lost the revenues worth $10-12 billion it could
    have acquired if Armenia had not occupied its territories."

    Aliyev emphasized that a million Azerbaijanis became refugees and
    displaced persons as a result of the occupation and are currently
    the poorest group of people in the country.

    "By the year-end, all refugees and IDPs living in makeshift tents
    will be relocated to newly-built settlements", the Minister said.

    From: Emil Lazarian | Ararat NewsPress
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