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Azerbaijan may increase political parties’ financing

Society Materials 7 November 2012 17:42 (UTC +04:00)
Azerbaijan may increase expenditures to finance political parties, Finance Minister Samir Sharifov said while discussing the draft state budget for 2013 in the parliament on Wednesday.
Azerbaijan may increase political parties’ financing

Azerbaijan, Baku, Nov. 7 / Trend A. Akhundov /

Azerbaijan may increase expenditures to finance political parties, Finance Minister Samir Sharifov said while discussing the draft state budget for 2013 in the parliament on Wednesday.

"Around 2 million manat envisaged in the draft budget for 2013 are not the final figure," he said. "This law is new for us. This is a new source of funding. If 2 million manat are insufficient, the issue of increasing funding may be increased. This is only a draft."

Parliament made amendments to the law on political parties in May.

According to them, the political parties will be financed from the state budget.

The official exchange rate is 0,7849 AZN/USD on Nov. 7.

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