TODAY.AZ / Business

Ministry of Economic Development registered 10 of 11 grant contracts presented in 2005

26 January 2006 [04:57] - TODAY.AZ
Pursuant to the "Rules for registration of contracts (decisions) on receiving (giving) grants" approved by a presidential decree dated February 12, 2004, 7 legal entities appealed to the Ministry of Economic Development for registration of contracts in 2005.

As APA informs according to the Ministry, 10 of 11 grant agreements submitted to the Ministry were registered and the general volume of grants received on these agreements totaled $262.5 thousand.

Those means were utilized for providing refugees with legal services, assessing needs of municipalities and holding trainings and surveys for improving knowledge and skills of municipality members, implementing measures stipulated in the Assistance to Karabakh Communities Program, development of craftsmen, providing consulting services in the field of organizational improvement and other purposes.

In addition, pursuant to the Administrative Violations Code, 5 commercial legal entities were fined in a corresponding form for not submitting copies of contracts and decisions on grant drawing up to the Ministry of Economic Development for registration during the period stipulated in the legislation.

URL: http://www.today.az/news/business/22529.html

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