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Asian Parliamentary Assembly’s budget approved in Baku
Finance
- 19 February, 2025
- 15:29
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The budget of the Asian Parliamentary Assembly (APA), amounting to $1 million, has been approved at a meeting held in Baku.
According to Report, Azerbaijan is hosting the meeting of the APA Standing Committee on Budget and Planning.
The budget will be distributed among 44 countries, with the minimum payment set at $22,000 and the maximum at $50,000.
The APA budget is proposed to be allocated across three main items: operational and strategic expenses (initially allocated after budget approval); additional expenses (for financing new projects and programs of the APA); reserve expenses (determined by the decision of the APA Executive Council to cover emergencies or incidents).
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