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Gov`t allots over $26m for presidential election

13 August 2008 19:01 (UTC+04:00)
Gov`t allots over $26m for presidential election
A total of 21.7 million manats ($26.7 million) has been allocated from Azerbaijan`s state budget to conduct the October 15 presidential election, a Central Election Commission (CEC) official has said.
Ramiz Ibrahimov, who heads the CEC`s group in charge of funding, said the money will be spent to administer the election, to prepare election related publishing materials, to arrange the transfer of funds to the Election Funds of the candidates and other activities.
Each candidate is allowed to raise a maximum of 10 million manats ($12.3 million).
Ibrahimov added that the electoral body would oversee how candidates spend funds raised for the election campaign.

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