The President of Azerbaijan approved by his Decree dated June 28, 2007 the execution of the budget of the State Oil Fund of the Republic of Azerbaijan for 2006.

As per the Decree, the revenues of the Fund were executed with AZM 985 938, 7 or 15, 4 % surplus, and expenditures in the amount of AZM 981 375, 9 or 4, 4% less than budgeted expenditures.