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Azerbaijan Determines Amount of Automobile Roads Budget Fund

Business Materials 12 December 2008 13:25 (UTC +04:00)

Azerbaijan, Baku, Dec. 12 / Trend / Azerbaijani President approved the state budget of the Republic of Azerbaijan for 2009. According to the Law on Budget, revenues to the Automobile Roads targeted budget fund will comprise AZN 145mln.

AZN 54mln will be transferred to the Automobile Roads budget fund from the revenues of country's cities and regions.

Automobile Roads budget fund was created to accelerate construction and reconstruction of roads, to enable efficient use of road networks and to maintain them in satisfactory condition.


Azerbaijani Transport Ministry will be the office in charge of the funds.

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