10:17 - 18.04.2023

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April 18, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) transferred AZN 1.576 bn to the State Budget for Jan-Mar 2023.

ABC.AZ reports, referring to the Ministry of Finance, that the indicator is AZN 1.244 bn or 44.1% less than the forecasted figure.

This was related to positive dynamics observed in budget revenues from tax and customs authorities.

As a result, SOFAZ didn’t fully fulfill its budget commitments.