SOFAZ transfers nearly $4 billion to state budget
Finance
- 21 October, 2022
- 06:26
In January-September of 2022, the State Oil Fund of Azerbaijan (SOFAZ) transferred 6,542,000,000 manats ($3.85 billion), showing a 19.1% decline in comparison to a year earlier, Report informs, citing the Finance Ministry.
In other words, the Fund fulfilled the prediction by 80.9% in the nine months.
Latest News
01:00
BP says it has not proposed creating new energy route from Caspian Sea - UPDATED
Energy23:57
France to self-finance Rafale F5 after UAE exits funding talks
Region23:46
Euronews: Azerbaijan-EU partnership strengthens amid regional developments
Foreign policy23:26
Melania Trump helps return six Ukrainian children from Russia to families
Other countries23:13
Italy proposes Hormuz corridor amid growing food crisis concerns
Other countries22:58
Georgian President meets Slovak Vice PM
Other countries22:47
Azerbaijan's ambassador attends inauguration of San Marino's new leaders
Foreign policy22:21
Foundation laid for North Macedonia-Albania transmission line
Other countries22:09