Since its victory in the Second Karabakh War with Armenia in 2020, the Azerbaijani government has begun a massive reconstruction of the former war-torn region.
Azerbaijan has demonstrated a firm commitment to reconstructing Nagorno-Karabakh, which was largely neglected and left unattended for three decades. According to the Azerbaijani state media, between 2020 and 2023, the authorities have allocated AZN12 billion to Karabakh’s reconstruction/rebuilding process and an additional AZN4 billion AZN in 2024. Overall, the state program dubbed “Great Return” envisions the allocation of AZN30.5 billion from the state budget between 2022 and 2026.