SOFAZ underperforms its budget obligations by 5% in 4 months

SOFAZ underperforms its budget obligations by 5% in 4 months SOFAZ underperforms its budget obligations by 5% in 4 months
Finance
May 5, 2025 13:46
SOFAZ underperforms its budget obligations by 5% in 4 months

In January-April 2025, transfers from the State Oil Fund (SOFAZ) to the state budget amounted to 4.58 billion manats ($2.69 billion), Report informs, citing the Ministry of Finance.

This year, SOFAZ is set to transfer 14.48 billion manats ($8.52 billion) to the state budget. Thus, four monthly payments were executed by 5.1% less, that is at 94.9%.

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