Bank Of Baku

Azerbaijan to allocate $63 mln to Eurovision-2012

Azerbaijan to allocate $63 mln to Eurovision-2012
# 10 February 2012 10:27 (UTC +04:00)
According to APA-Economics, the distribution of fund considered in state budget for 2012 for holding of international events in Azerbaijan was approved in accordance with the Ministry of Finance’s order.

According to order, AZN 77 mln was considered for these purposes in 2012. AZN 50 mln of this fund will be spent to the holding of Eurovision-2012. Other AZN 27 mln - for other events.

According to order, AZN 5.4 mln will be granted for Ministry of Culture and tourism, AZN 3.8 mln – for State Committee for Diaspora, AZN 2.9 mln – for Ministry of Economic Development, AZN 2.6 mln for – Ministry of foreign Affairs, AZN 828,000 for Milli Majlis.
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