Subsidies for energy system make up 9% of national budget in Azerbaijan

Subsidies for energy system make up 9% of national budget in Azerbaijan
# 18 January 2007 16:52 (UTC +04:00)
Azerbaijan allocated subsidies worth US $ 1.5bn to energy system of the country during the past five years.
Azerenergy officer Hikmat Hasanov said that the share of government subsidies constitute some 8% to 9% of the budget expenditures. He added that 92% of the expenses of power plants were spent on fuel. /APA/
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