President’s Reserve Fund spent AZN 154 million in 2008

President’s Reserve Fund spent AZN 154 million in 2008
# 21 May 2009 13:36 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. AZN 154 million was spent from the Reserve Fund of President of Azerbaijan in 2008, said the Ministry of Finance.

According to the ministry’s report on 2008 state budget performance, the funds were directed to the construction of new school buildings and institutions, repair and rehabilitation of schools and universities, improvement of their material and technical base, one-time benefit payment to Great Patriotic War veterans, and the widows of servicemen killed during the war, improvement of gas supply infrastructure in some areas (Agstafa, Gazakh, Goranboy, Shamkir, Samukh, Tovuz, Gedabey, Salyan, Neftchala), installation of water treatment plants at 200 settlements, improvement of welfare in Agjabedi, Agdam, Ganja, Geygelskogo, Samukh, Naftalan, Beylagan, Fizuly etc.

Besides, Pediatric Cardiac Surgery Center was equipped and pieces of world literature were translated into Azeri through funding from the Reserve Fund.
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