Bank Of Baku

39% of Reserve Fund spent on fight against COVID

39% of Reserve Fund spent on fight against COVID
# 09 March 2022 15:03 (UTC +04:00)

About 40% of funds in the Reserve Fund was spent on the fight against pandemic, it has been reflected in the report of the Cabinet of Ministers for 2021, APA reports.

AZN 680,4 mln, was totally spent from the Reserve Fund of the state budget last year.

AZN 265,9 mln. of the amount was directed to fight measures against pandemic. In other words, 39% of the funds in the Reserve Fund was directed to fight against the pandemic.

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