SOFAZ fully implements its budget commitment in 1H2024

Kanan Sadigov
Post's author

The State Oil Fund of Azerbaijan (SOFAZ) transferred over 6.390 billion manats (over $3.759 billion) to the state budget in the first half of 2024, which is the same as the forecast, Report informs, citing Azerbaijan’s Finance Ministry.

The obtained data shows that this is an increase of 2.4 times compared to the corresponding period of 2023.

Latest news

UK ambassador to Russia gets note of protest 26 November, 2024 / 20:58
Embassy: US highly values Azerbaijan's commitment to NATO partnership 26 November, 2024 / 20:57
Israel security cabinet set to approve Hezbollah ceasefire deal 26 November, 2024 / 20:48
6.4-magnitude earthquake strikes off Japan's western Ishikawa Prefecture 26 November, 2024 / 20:41
Azerbaijan's Shahdag to host Mountain Resorts Festival 2025 26 November, 2024 / 20:37
Azerbaijan increases its furniture import expenses by over 23% 26 November, 2024 / 20:27
Azerbaijan partially lifts visa requirements with Saudi Arabia and Indonesia 26 November, 2024 / 20:12
Azerbaijan Airlines soon to launch Baku-Seoul direct flights 26 November, 2024 / 19:50
Cost of Georgia’s mineral imports from Azerbaijan disclosed 26 November, 2024 / 19:44
Georgia increases cigarette imports from Azerbaijan 26 November, 2024 / 19:32
Russian president's aide: Pashinyan will not attend CSTO summit in Astana 26 November, 2024 / 19:19
SAT-SAS-2024 exercise continues 26 November, 2024 / 19:05
Norwegian aid for Ukraine to reach $2.7B in 2025 26 November, 2024 / 18:55
Azerbaijan’s natural gas exports to Türkiye rose by 16% in September 26 November, 2024 / 18:39
Czech ambassador: Azerbaijan organized COP29 at high level 26 November, 2024 / 18:24