oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ 2024 budget execution approved

The President of the Republic of Azerbaijan approved the budget execution of SOFAZ for the year 2024 by the Order dated July 11, 2025.

According to the Order, SOFAZ’s budget revenues and expenditures in 2024 were approved in the amount of 18 038 986.6 thousand manats and 12 896 361.8 thousand manats, respectively.