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SOCAR increases budget payments by 18%

In October of this year allocation transferred to state budget rose by 9%

Baku. 13 November. REPORT.AZ/ State Oil Company of the Republic of Azerbaijan (SOCAR) transferred 151,691 million manats to state budget in October, 2014. In comparison with October of previous year, it rose by 9%.

Report informs referring information by SOCAR, in general, in January-October of this year the company made 1 564, 548 million manats payment to state budget that, in comparison with corresponding period of year 2013 it rose by 18,2%.

Besides this, in October of this year, SOCAR paid 11,369 million manats to State Social Protection Fund. In comparison with October of previous year, it fell by 18,9%.

Generally, in January-October of 2014, payment made by the company to the fund during last year fell by 1% and amounted to 118,916 manats. 

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