oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ 2010 budget execution approved (14.07.2011)

The President of the Republic of Azerbaijan approved by his Order dated July 14, 2011 the execution of the 2010 budget of the State Oil Fund of the Republic of Azerbaijan.

As per the Order, the revenues of the Fund were executed with 13 088 543.4 thousand manats, and expenditures in the amount of 6 386 614.9 thousand manats.