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SOFAZ to increase budget transfers next year
Finance
- 13 September, 2019
- 13:30
The State Oil Fund of Azerbaijan (SOFAZ) is planned to transfer AZN 11,767,500,000 to the state budget in 2020, up 3.55% from 2019, Report informs citing Finance Ministry.
In 2020, AZN 13,947,500,000 or 57% of budget revenues will come from oil, AZN 10,536,500,000 or 43% from non-oil fields.
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