Karabakh Revival Fund received income from donations

12:50 - 28.10.2022


October 28, Fineko/abc.az. The Karabakh Revival Fund has presented its financial statements for 2021 and the results of the PwC audit.

ABC.AZ reports that PwC Azerbaijan has submitted an opinion on the financial report of the Karabakh Revival Fund prepared in accord with IFRS as of 31 December 2021.

The review says that in 2021, a total of AZN 892,206,306 were donated to the Karabakh Revival Fund.

By placing part of the funds received from donations into Finance Ministry’s government bonds, the Fund received additional financial income in the amount of AZN 9,198,829.