SOFAZ 2023 budget transfers to be increased

SOFAZ 2023 budget transfers to be increased According to the revised 2023 budget of Azerbaijan, SOFAZ’s budget transfers will make up 11,737.7 million manats ($6.9 billion), or 34.7% of the total budget revenues, Report informs, citing the Ministry of Finance.
Finance
May 30, 2023 16:43
SOFAZ 2023 budget transfers to be increased

According to the revised 2023 budget of Azerbaijan, SOFAZ’s budget transfers will make up 11,737.7 million manats ($6.9 billion), or 34.7% of the total budget revenues, Report informs, citing the Ministry of Finance.

This figure is 457.7 million manats ($269.24 million), or 4.05%, higher than the approves forecast.

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