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SOFAZ transfers nearly $100B to budget so far
Finance
- 18 September, 2019
- 10:34
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The State Oil Fund of Azerbaijan (SOFAZ) received $154.6 billion from its establishment until June 30, SOFAZ Deputy Executive Director Israfil Mammadov said at a round table on ‘Contract of the Century: The magnificent foundation of Azerbaijan's rise’ held at the Executive Secretariat of the New Azerbaijan Party, Report informs.
According to him, of this, $148.3 billion came from implementation of oil and gas projects, $6.3 billion from managements of funds in the SOFAZ.
He said the expenditures made up $112 billion, of which $95.5 billion was transferred to the state budget.
Author
ARDNF indiyə qədər büdcəyə 100 milyard dollara yaxın vəsait transfert edib
ГНФАР осуществил трансферт в госбюджет в размере 100 млрд долларов
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