Baku 8° C
SOCAR forecasted to increase budget transfers next year
Energy
- 23 October, 2018
- 12:46
Baku. 23 October. REPORT.AZ/ The State Oil Company of Azerbaijan (SOCAR) is forecasted to increase the budget transfers by AZN 1.450 million in 2019, up AZN 20 million from 2018, Report informs referring to the 2019 state budget package.
According to the package, this makes up 62.1% receipts from tax authorities on oil sector.
SOCAR transferred AZN 1,511,033,000 to the state budget in 2017, up AZN 115,577,000 or 8.3% by contrast to 2016.
Author
Latest News
00:00
Azerbaijan starts implementing amnesty act
Domestic policy19:03
Winter season begins in Azerbaijan
Domestic policy17:53
Yilmaz: South Caucasus becoming new geopolitical hub focused on cooperation
Region17:41
Yilmaz: Acceleration of peace process between Azerbaijan, Armenia - important stage
Infrastructure17:23
Ohio State researchers find increasing type of protein helps slow down heart failure
Health17:00
UK chancellor of exchequer banned from her favorite pub due to tax increases
Other countries16:41
Georgian Foreign Ministry outlines priorities of country's BSEC chairmanship
Region16:15
Azerbaijan, Türkiye to hold meeting of intergovernmental commission in Baku
Business15:43