Baku. Malahat Najafova – APA. “No additional amount was allocated from budget for opening and closing ceremony of the European Games which spent below AZN 100 mln”, said the Minister of Youth and Sports Azad Rahimov, APA reports quoting TASS agency.
According to him, the difference in the total budget of the European Games generated from manat devaluation and it made AZN 134 mln. However, no request was addressed to the Ministry of Finance for this difference and those funds were spent through budget savings.
Rahimov noted that total budget of the European Games made AZN 960 mln.
“We saved over AZN 300 mln including value added tax”, the Minister said.