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Azerbaijani president issues decree on measures due to State Oil Fund 2009 budget

Oil&Gas Materials 26 February 2009 20:40 (UTC +04:00)

Azerbaijan, Baku, Feb. 26 / Trend / Azerbaijani President Ilham Aliyev issued a decree on measures due to implementation of the 2009 budget of the State Oil Fund of Azerbaijan, the AzerTaj information agency reported.

According to June 19, 2001 presidential order on Regulations of preserving, placing and managing funds of the State Oil Fund of Azerbaijan Republic, Sept. 12, 2001 order 579 on Regulations of devising and implementing annual program of incomes and expenditure (budget) of the State Oil Fund of Azerbaijan Republic and 2009 State Oil Fund of Azerbaijan Republic, were approved Key directions (program) of spending the funds of the State Oil Fund of Azerbaijan Republic for 2009 and estimate of expenditure on management of the 2009 State Oil Fund of Azerbaijan Republic.

The State Oil Fund Executive Director is in charge of resolving issues arising from the decree.

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