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Government decision, ALL 160 million for sports federations and elite athletes

Government decision, ALL 160 million for sports federations and elite athletes

The government will allocate a fund of 160 million ALL to finance the activities of sports federations and to reward elite athletes.

According to the decision of the Council of Ministers, the fund will be covered by the reserve fund of the state budget, approved for 2022.

Government decision:

A FUND ADDITION TO THE 2022 BUDGET, APPROVED FOR THE MINISTRY OF EDUCATION AND SPORTS

Pursuant to Article 100 of the Constitution, Articles 5 and 45, of Law no. 9936, dated 26.6.2008, "On the management of the budget system in the Republic of Albania", as amended, and Article 14, of Law no. 115 / 2021, "On the budget of 2022", amended, on the proposal of the Minister of Education and Sports, the Council of Ministers

Vendosi:

To the Ministry of Education and Sports, in the approved budget for 2022, in the item "Current expenditures", in article 604 "Other internal current transfers", of the budget program "Development of sports", the fund of 160 000 000 is added ( one hundred and sixty million) ALL, for financing the activity of sports federations and rewarding elite athletes.

The financial effect, of 160,000,000 (one hundred and sixty million) ALL, to be covered by the reserve fund of the state budget, approved for 2022.

The Ministry of Education and Sports and the Ministry of Finance and Economy are in charge of implementing this decision.

This decision enters into force after its publication in the "Official Gazette".

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