SOFAZ to increase budget transfer 8%

SOFAZ to increase budget transfer 8% The amount of the transfer will increase from AZN 11,350 million to 12,200 million.
Finance
August 1, 2020 12:21
SOFAZ to increase budget transfer 8%

The transfer from the State Oil Fund of Azerbaijan (SOFAZ) to the budget will increase by AZN 850 million, or 7.5%.

Report informs this was reflected in the draft amendments to the law "On the state budget for 2020".

The amount of the transfer will increase from AZN 11,350 million to 12,200 million.