Targeted budget funds created within the state budget of the Republic of Azerbaijan will be abolished.
elchi reports that this is reflected in the Decree of President Ilham Aliyev “On additional measures regarding the use of targeted budget funds created within the state budget and extra-budgetary funds of organizations financed from the state budget.”
According to the Decree, the Ministry of Finance must prepare and submit to the President of the Republic of Azerbaijan within one month a proposal on the abolition of targeted budget funds created within the state budget of the Republic of Azerbaijan and the use of the revenue sources of those funds.