17:55 - 28.01.2025

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January 28, Fineko/abc.az. The expenses of the State Oil Fund of Azerbaijan (SOFAZ) for management in 2025 will amount to 43.725 million manats.

ABC.AZ informs, referring to the Audit Chamber's conclusion on SOFAZ's budget for the current year, is 14.3% more than the forecast for 2024.

Of the total amount of SOFAZ's expenses, 17.138 million manats, or about 39.2%, will be used to pay for labor (11.7% more than the forecast for 2024).

In 2025, SOFAZ plans to allocate 22.359 million manats for purchases (a rise of 27.6%), 100,000 manats for social benefits and 4.129 million manats for intangible assets (a rise of 27.8%).