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Over AZN 4 bn transferred from Oil Fund to Azerbaijan`s budget

19.07.2019,16:27


July 19, Fineko/abc.az. The State Customs Committee transferred AZN 2.065 bn to the State Budget for the past 6 months (27.6% or AZN 446 bn more versus the 2018 same term).

The Ministry of Finance has reported on country’s budget implementation for 1st half of 2019, revenues for paid services of organizations financed from the State Budget amounted to AZN 234.4 million (30.9% or AZN 55.5 million more versus the 2018 same term).

AZN 60.1 million were transferred to country’s budget from other sources. The State Oil Fund of Azerbaijan (SOFAZ) transferred AZN 4.413 bn to the State Budget for the past half-year.

The State Budget revenue forecast for Apr-Jun 2019 (Q2) was fulfilled for AZN 4.965 bn.