Armed Forces Relief Fund unveils assets

The Armed Forces Relief Fund's manat account amounted to 111.958.386,11 AZN, dollar account to 213.577,88 USD, euro account to 17.566,0 Euro, and ruble account to 5000,0 RUB by July 1, 2020.

The Armed Forces Relief Fund was created by a presidential decree dated August 17, 2002, to ensure the development of the Armed Forces at the level of modern requirements, to strengthen the material and technical base, and to finance the necessary social measures.

Under the decree, voluntary contributions of individuals and legal entities operating in Azerbaijan and other revenues not prohibited by law, form the Fund.