Rules on maximum use of oil revenues prepared in Azerbaijan
Finance
- 07 September, 2017
- 13:30
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 7 September. REPORT.AZ / The State Oil Fund of Azerbaijan (SOFAZ) together with the government is working on developing a special formula, according to which the upper limit of the use of oil revenues will be calculated.
Report informs, executive director of the Fund Shahmar Movsumov said in an interview with Kazakh international news agency Kazinform.
According to him, by the end of the year it is planned that this fiscal rule will be developed and approved.
Azərbaycanda neft gəlirlərindən istifadənin yuxarı həddi ilə bağlı qaydalar hazırlanır
В Азербайджане идет работа над разработкой правил расчета верхнего предела использования нефтяных доходов
Latest News
18:06
Photo
Kazakhstan, Azerbaijan discuss stronger transport and logistics ties
Infrastructure
17:54
Vallourec to supply over 16,000 tonnes of pipes for Azerbaijan's Absheron gas field
Energy
17:53
Iran's interior minister thanks Ilham Aliyev for humanitarian aid
Foreign policy
17:50
Azerbaijani MPs highlight equality, secularism in school uniform debate
Education and science
17:36
CAMFEBA president: Azerbaijan and Cambodia can open new markets together
Infrastructure
17:35
Photo
President Ilham Aliyev receives Iranian Interior Minister
Foreign policy
17:22
Yellow wind warning issued for Baku and several Azerbaijani regions
Ecology
17:14
ITA: Over 20 Italian companies to participate in BakuBuild 2026
Economy
17:13
Photo
Czech transport minister visits Baku Railway Station
Infrastructure