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Azerbaijan President signs decree on state extra-budgetary funds
President Ilham Aliyev has signed a decree regulating the use of extra-budgetary funds within targeted budget funds and state-funded organizations in Azerbaijan.
Under the new regulations, extra-budgetary funds from state-funded organizations—excluding the Ministry of Internal Affairs, the State Customs Committee, and the State Tax Service—may only be used to strengthen the social protection of employees who do not hold administrative or auxiliary positions. Any remaining extra-budgetary funds from these organizations must be transferred to the state budget.
The decree establishes specific limits for payments made via these funds: salary additions are capped at 1.0 times the monthly salary per employee per calendar month, while bonuses and other payments are capped at 20 percent of the annual wage fund per calendar year.
The Ministry of Finance has been tasked with submitting proposals to the President within one month regarding the potential abolition of certain targeted budget funds and the improvement of relevant legal acts.
Entities
Cabinet of Ministers of Azerbaijan · Ilham Aliyev · Ministry of Finance of Azerbaijan · Ministry of Internal Affairs of Azerbaijan · State Customs Committee of Azerbaijan
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] Extra-budgetary funds of state-funded organizations, excluding the Ministry of Internal Affairs, State Customs Committee, and State Tax Service, may only be used to strengthen the social protection of www.bakupost.az · primeinfo.az · tezadlar.az · banker.az
- [● 4 SOURCES] President Ilham Aliyev signed a decree regarding additional measures for the use of extra-budgetary funds of targeted budget funds and state-funded organizations. www.bakupost.az · primeinfo.az · tezadlar.az · banker.az
- [● 4 SOURCES] The upper limit for salary additions using extra-budgetary funds is set at up to 1.0 times the monthly salary per employee per calendar month. www.bakupost.az · primeinfo.az · tezadlar.az · banker.az
- [● 4 SOURCES] The remaining portion of extra-budgetary funds from state-funded organizations (excluding the Ministry of Internal Affairs, State Customs Committee, and State Tax Service) will be transferred to the's www.bakupost.az · primeinfo.az · tezadlar.az · banker.az
- [● 4 SOURCES] The upper limit for bonuses and other payments using extra-budgetary funds is set at up to 20 percent of the annual wage fund per calendar year. www.bakupost.az · primeinfo.az · tezadlar.az · banker.az
- [● 3 SOURCES] The Ministry of Finance must prepare and submit proposals to the President within one month regarding the abolition of targeted budget funds and the improvement of legal acts. www.bakupost.az · primeinfo.az · banker.az