Assets of Azerbaijani Armed Forces Relief Fund revealed 

  02 September 2019    Read: 1034
 Assets of Azerbaijani Armed Forces Relief Fund revealed 

As of September 1, 2019, assets of Azerbaijani Armed Forces Relief Fund stood at 102.500.283,98 Manats, 213.577,88 USD, 17.266,0 Euros and 5000,0 Rubles, AzVision.az reports citing Azerbaijani MOD.

The Armed Forces Relief Fund was created by a presidential decree on Aug. 17, 2002.

The fund was established to ensure the development of the Armed Forces at the level of modern requirements, to strengthen the material and technical base and to finance the necessary social measures.

The Fund is formed by voluntary contributions of individuals and legal entities operating in Azerbaijan and other revenues not prohibited by law, according to the decree.


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