State Radiofrequencies Office reports of receivables AZN 241 000

State Radiofrequencies Office reports of receivables AZN 241 000
# 01 May 2009 12:46 (UTC +04:00)
Baku. Aynur Veliyeva - APA-Economics. The State Radiofrequencies Office, a unit of Azerbaijan’s Ministry of Communications and Information Technologies, posted its receivables at AZN 241 100 for January-March 2009.

Of this, AZN 48 800 or 20.2% was collected during the first quarter against the ministry’s 20% requirement.

The growth of receivables is associated with non-repayment of AZN 179 000 tax invoice by Azercell Telecom.

Besides, 89.1% of arrears worth of AZN 2 051 400 payable by enterprises and organizations for services were received.

An appeal was filed with Baku Economic Court and Apeal Court against three enterprises for their outstanding debts.
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