BAKU, Azerbaijan, Oct.13
Trend:
Expenses of the Chamber of Azerbaijan in January through September 2020 amounted to 5.2 million manat, Trend reports via data about implementation of cost estimates of the Chamber of Azerbaijan.
According to the Chamber’s data, cost estimates for the maintenance of the Chamber approved on the level of 8.9 million manat for the current year. For the reporting period, the level of disbursement of funds amounted to 58.6 percent. The main volume of funds for nine months was directed to the payment of salaries to the staff of the chamber. Their volume amounted to 3.56 million manat, or 62.8 percent of all expenditures of the chamber for the three quarters of this year.
In addition, compulsory state insurance contributions for the reporting period amounted to 881,000 manat or 61.1 percent of all expenses, the salary of freelance workers - 50,500 thousand manat, the costs of other cash payments related to the payment of salaries were estimated at 438,400 manat or 49.4 percent of all expenses of the chamber. Expenses for travels within the country amounted to 9,300 manat (32 percent), and for business trips abroad - over 3.000 manat (43.2 percent).
The Chamber of Azerbaijan was created by Milli Majlis (Parlament) of country and started its activity in 2001. The Chamber is the supreme body of financial control of Azerbaijan.