SOFAZ budget revenues and expenditures increased 

Finance
  • 30 May, 2023
  • 11:47
SOFAZ budget revenues and expenditures increased 

The revenues of the budget of the State Oil Fund (SOFAZ), which is included in the consolidated budget of Azerbaijan, are expected to increase by 7,346.6 million manats ($4.32 billion), or 81.7%, to 16,337.5 million manats ($9.61 billion), Report informs, citing the Ministry of Finance.

SOFAZ budget expenditures will make up 11,812.9 million manats ($6.95 billion), up 457.7 million manats ($269.24 million), or 4%, from the figures approved for the current year.

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