Azerbaijan wants to borrow $5 billion from international credit institutions in the coming years for large infrastructure projects, including in territories secured in a lightning military offensive in September, the finance minister told Reuters. Azerbaijani forces regained control of the mountainous region of Nagorno-Karabakh, where ethnic Armenians had enjoyed de facto independence for decades, prompting at least 100,000 ethnic Armenians to flee. “Very big tasks stand before us,” Finance Minister Samir Sharifov said in an interview. He said the tasks in question were linked with the reconstruction and restoration of land now under Azerbaijan’s control, something that would also boost th
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