TODAY.AZ / Business

AZN3.151mln and $68,189 gathered in Assistance Fund for Azerbaijani Armed Forces

01 May 2007 [16:29] - TODAY.AZ
AZN3.151mln was gathered in the Assistance Fund for Azerbaijani Armed Forces as for May 1.

Defense Ministry press secretary, lieutenant colonel Eldar Safarov told the APA that the funds gathered in the bank account opened in US dollars reached $68,189. The funds gathered in manat account increased by AZN151,000 and in dollar account by $7,000.

The Assistance Fund was founded on August 17, 2002. The financial resources of the fund are based on the funds allocated by legal entities and individuals voluntarily and other incomes allowed by the legislation.

According to the regulations, the funds are to be spent on development of logistics of Armed Forces, production, repair and modernization of military goods, military equipment, weapons and military supplies, qualification of servicemen and solution of their social problems.

URL: http://www.today.az/news/business/40283.html

Print version

Views: 1628

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: