Azerbaijan Determines Amount of Automobile Roads Budget Fund
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
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.