Oil Fund’s transfers to State Budget reduced


July 5, Fineko/abc.az. The State Budget received AZN 4.648 bn from the State Oil Fund against projected AZN 6.36 bn.

ABC.AZ reports with reference to the Finance Ministry that the positive dynamics of State Budget revenues from tax and customs authorities observed for the reporting period allowed the use of AZN 1.712 bn or 26.9% less than SOFAZ projected transfers to State Budget.