Volume of grants to be allocated from state budget next year announced
  • ECONOMY

  • 13:49 11 November 2019

Volume of grants to be allocated from state budget next year announced

AZN 409.4 million has been allocated for the “Grants and Other Payments” section in the state budget of the next year, ONA reports citing comment of the Chamber of Accounts on the State Budget for 2020 draft law. 

It is equal to 1.5 % of the total budget expenditures. 96.9% of the funds in this section falls to the share of grants and other payments given to the residents, and 3.1% given to the non-residents.

Ramiz Mikayıloğlu

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