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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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