12:54 - 20.06.2022

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June 20, Fineko/abc.az. The transfer from the State Oil Fund of Azerbaijan (SOFAZ) to the State Budget is envisaged in the amount of AZN 11.517 bn (AZN 1.19 bn or 9.4% less than the approved figure for 2022).

ABC.AZ reports that this is stated in the updated Bill on Azerbaijan State Budget 2022.

The reduced part of SOFAZ transfer to the State Budget is planned to be covered by additional oil revenues from other sources.