Baku 30° C
SOFAZ expected to reduce budget transfers next year
Finance
- 18 October, 2019
- 13:16
Revenues of SOFAZ budget for 2020 are expected to make up AZN 12,384,100,000, Report informs referring to the drafts of state and consolidated budget for 2020.
Expenditures are forecasted at AZN 11.560 billion, down AZN 4.3 million from 2019.
Upper limit of transfers from SOFAZ to the state budget is planned to be AZN 11.350 billion, down AZN 14.3 million or 0.1% from 2019.
Author
Latest News
17:11
Photo
'Şəngülüm, Şüngülüm, Məngülüm' fairy-tale play presented in Lachin on City Day
Cultural policy17:08
Shavkat Mirziyoyev congratulates Mehriban Aliyeva on her birthday
Foreign policy17:03
Photo
New nursery-kindergarten commissioned in Nasimi district of Baku
Domestic policy16:51
Volkswagen CEO tells staff cost-cutting journey 'is not over'
Other countries16:48
Kazakhstan considers using Baku-Supsa pipeline to export oil
Energy16:44
Fuad Huseynaliyev: Media bring peoples of Azerbaijan and Uzbekistan closer
Media16:31
Photo
First Vice-President Mehriban Aliyeva attends opening of Bilgah Art School
Cultural policy16:29
Fuad Huseynaliyev: AI development does not diminish the need for professional journalism
Media16:23