Size of transfers to State Budget through SOFAZ for last 18 years made public

12:49 - 11.11.2021

November 11, Fineko/abc.az. Over the past 18 years (2003-2020) the volume of transfers from the State Oil Fund of Azerbaijan (SOFAZ) to the State Budget has increased by AZN 12.1 bn or 122 times. 

ABC.AZ informs that this is stated in the SOFAZ’s report for 2020.

The report says that if in 2003 SOFAZ’s transfer to the State Budget amounted to AZN 100 million, in 2020 this figure increased up to AZN 12.2 bn. The transfer made by SOFAZ to the State Budget last year is the highest indicator of the reporting period (2003-20).

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