The President of Azerbaijan approved by his Decree dated July 11, 2008 the execution of the 2007 budget of the State Oil Fund of the Republic of Azerbaijan.

As per the Decree, the revenues of the Fund were executed with 1 886 164, 8 thousand manats or 21,2 % surplus, and expenditures in the amount of 1061203,5 thousand manats or 4, 9% less than budgeted expenditures.