SOCAR accounts for over 72% of state company dividend revenues in Azerbaijan
Finance
- 09 June, 2026
- 11:10
Add Report.az to preferred Google sources
Stay up to date with the top news!
In 2025, state-owned enterprises in Azerbaijan transferred 636.6 million manats in dividends to the state budget, with the bulk coming from the State Oil Company - SOCAR, as stated in the draft law on the execution of Azerbaijan's state budget for 2025.
According to Report, of the total amount, 461.5 million manats were paid by SOCAR, while another 175.1 million manats came from the International Bank of Azerbaijan.
The draft law is being discussed at today's meeting of the Committee on Economic Policy, Industry and Entrepreneurship of the Milli Majlis.
Latest News
00:00
UEFA Nations League: Liechtenstein vs. Azerbaijan match kicks off
Football
23:56
BMW recalls more than 700,000 vehicles over fire risk
Other countries
23:22
AFP: EU approves team for talks with Russia
Other countries
23:13
Bayraktar: First reactor at Akkuyu NPP to become operational soon
Region
23:01
Costa: EU forms united team to take part in Ukraine peace talks
Other countries
22:55
Mukhtar Babayev says productive meetings held at COP31
Foreign policy
22:47
Costa: EU seeks to catch up in global AI race
Other countries
22:37
Armenia and US discuss implementation of TRIPP
Region
22:27
Ruins of previously unknown early Christian church discovered in Dmanisi
Region