SOFAZ transfers to State Budget grew by 13.3%

15:40 - 16.10.2024

October 16, Fineko/abc.az. In 2025, a transfer from the State Oil Fund of Azerbaijan (SOFAZ) to the State Budget is envisaged in the amount of 14.48 million manats (13.3% or 1.7 billion manats more than the approved forecast for 2024), ABC.AZ reports, referring to the Ministry of Finance.

The planned transfers from SOFAZ made up 37.8% of the projected budget revenues (0.9 p.p. more than before).