The 2012 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) was amended by the Decree of the President of Azerbaijan dated February 8, 2012.

In accordance with the Decree, aiming at timely execution of settlement projects of the refugees and internally displaced persons the amount of Fund’s total expenditures for the year 2012 is increased to 10751304.0 thousand manats from the previous 10561304.0 thousand manats, expenditures on financing of the solution of the social and settlement problems of the refugees and internally displaced persons is increased to 300000.0 thousand manats from the the previous 110 000.0 thousand manats