President Ilham Aliyev has issued an order on measures to finance benefits provided to agricultural producers from the state budget.
According to the order, AZN 20 (twenty) million was allocated to the Agrarian Credit and Development Agency under the Ministry of Agriculture of the Republic of Azerbaijan from the reserve fund of the President of the Republic of Azerbaijan envisaged in the state budget of the Republic of Azerbaijan for 2020.
AZN 20 (twenty) million has been allocated to the Agrarian Credit and Development Agency under the Ministry of Agriculture of the Republic of Azerbaijan from the amount specified in item 1.65-1 of the “Distribution of funds for state capital investment (investment expenditures) in the state budget of the Republic of Azerbaijan for 2020” .
The Ministry of Finance must provide adequate funding, and the Cabinet of Ministers must resolve the issues arising from this order.
It should be noted that the funds were allocated to meet the need for funding for agricultural machinery, technological equipment, irrigation systems and cold storage facilities, breeding animals at the expense of the state budget.