12:20 - 3.10.2023

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October 3, Fineko/abc.az. The sources of financing for the creation of state reserves have become known.

ABC.AZ reports that this was reflected in the Bill on State Reserves (1st reading), considered at today’s a meeting of the Milli Majlis Committee on Economic Policy, Industry & Entrepreneurship.

Under the Bill, the procedure for financing expenses relating to creation and management of state reserves is determined. Expenses related to the creation and management of state reserves are financed by:

- State Budget funds;

- funds, received as a result of the issue of state reserves;

- funds, received from other sources not prohibited by law.