Azerbaijan to spend AZN 22 mln. from state budget on foreign aids

Azerbaijan to spend AZN 22 mln. from state budget on foreign aids
# 19 December 2019 15:14 (UTC +04:00)

The funds amounting to AZN 22 mln. have been envisaged for foreign aids in the expenditures of Azerbaijan’s state budget for 2020, "APA-Economics" reports citing the indicators of the next year’s state budget.

The Cabinet of Ministers has been charged with implementation of distribution of these funds per expenditure areas by the Order of the Azerbaijani President related to a number of issues associated with enforcement of the Law "On state budget of Azerbaijan Republic for 2020".

Besides, the Cabinet of Ministers has been charged by the same Order with develop and approve within nine months the procedures of evaluation of efficiency of tax and customs privileges based on proposals of Ministry of Finance, Ministry of Economy, and State Customs Committee of Azerbaijan Republic.

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THE OPERATION IS BEING PERFORMED