Surplus of Azerbaijan Oil Funds budget in 2012 to make only $271,5 million
Baku, Fineko/abc.az. In 2012 the surplus of State Oil Fund of Azerbaijan (SOFAZ) is expected at the level of $271,519 million at the forecasted average exchange rate of AZN 0.79 to the US dollar.
Finance Ministry of Azerbaijan reports that consolidated budget draft of Azerbaijan is made with the forecast of SOFAZs revenues at AZN 10.697 bn and expenditures at AZN 10.482 bn. The funds budget surplus is expected at the level of AZN 214.5 million.
At that growth of SOFAZs revenues versus 2011 index is expected at the level of AZN 2.099 bn (16,4%) and expenditures- AZN 630.1 million (+6,4%).
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