17:21 - 22.06.2023

---

June 22, Fineko/abc.az. President Ilham Aliyev has amended the decree from December 30, 2022 "On the budget of the State Oil Fund for 2023".

ABC.AZ reports that the head of state signed a new decree.

According to the decree, the forecast for SOFAZ budget revenues was increased from AZN 8.99 bn up to AZN 16.337 bn, and the forecast for budget expenditures from AZN 11.39 bn up to AZN 11.85 bn.

In the end, the expected budget deficit of the SOFAZ in the amount of AZN 2.4 bn was replaced by balance of AZN 4.487 bn.

The amount of SOFAZ transfer to the State Budget this year has been increased from AZN 11.28 million up to AZN 11.737 bn.