Transport Ministry's expenses have grown compared with 2019


May 4, Fineko/abc.az. The Ministry of Transport, Communications & High Technologies completed last year with profit.

ABC.AZ reports with reference to the financial indicators published by the Ministry that in 2020 MTCHT’s expenditures amounted to AZN 65.685 million (2.7% or AZN 1.75 million more year-on-year).

Expenses on payment of wages and contributions to the state social insurance totaled AZN 5.69 million, on financial assistance and other transfers AZN 59.44 million.

At that, Ministry's costs on expenditure material reserves for 2020 reached AZN 72,700, depreciation expenses AZN 104,800, and operating expenses AZN 376,200.