oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ 2019 budget execution approved (08.07.2020)

The President of the Republic of Azerbaijan approved the budget execution of SOFAZ for the year 2019 by the Order dated July 8, 2020.

According to the Order, SOFAZ’s budget revenues and expenditures in 2019 were approved in the amount of 19 030 612.8 thousand manats and 11 588 603.5 thousand manats, respectively.