President approves implementation of 2021 budget of SOFAZ

Azerbaijani President Ilham Aliyev signed an order on the implementation of the 2021 budget of the State Oil Fund (SOFAZ), Report informs.

According to the order, the income of the Fund was 15,985,652,300 ($9.4 billion) manats, and its expenses were 11,382,683,900 ($6.7 billion) manats, or 199.8% of income and 92.9% of expenses compared to the budget of the Fund last year.