AZN 17.5 million allocated to "Azerkhalcha" OJSC - [color=red]ORDER[/color]

  • 18:03 29 December 2019

AZN 17.5 million allocated to "Azerkhalcha" OJSC - ORDER

President Ilham Aliyev has signed an order regarding measures related to construction of wool spinning and dyeing mill, ONA reports.

According to the order, AZN 17,535,600 (seventeen million five hundred and thirty five thousand six hundred) from the amount stipulated in the sub-clause 1.24.13 of the document entitled as “Distribution of the proceeds envisaged for state fixed capital investments (investment expenditures) into other projects in the state budget of Azerbaijan Republic for 2019” approved by Order #890 of President of Azerbaijan Republic dated January 15, 2019 have been allocated to “Azerkhalcha” Open Joint-Stock Company in order to build a wool spinning and dyeing mill.

The Ministry of Finance of Azerbaijan Republic should ensure financing in the amount indicated in the 1st part of this Order, and the Cabinet of Ministers of Azerbaijan Republic should resolve the issues arising from this Order.