Over the past month the amount of funds accumulated in the Azerbaijan Armed Forces Assistance Fund significantly increased by AZN 1,162,083,6 ($1,480,550).
The amount of money collected in fund’s account was increased by AZN 1,459,982 on November 1 and made AZN 32,532,407, the Ministry of Defense told APA.
The amount of money opened through USD were increased by 3,000 USD and made USD202,791 and euro account made € 593. Totally the fund expenses are equal to $ 41 651 358.
The Armed Forces Assistance Fund was established by the order issued by the President of Azerbaijan on August 17, 2002. According to president’s order the Armed Forces Assistance Fund is formed on the basis of voluntarily donations of physical and juridical persons and at the expense of the other receipts that are not prohibited by law.
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