SOCAR gets 12.5% decline in budget transfers

SOCAR gets 12.5% decline in budget transfers
  • Clock-gray 09:35
  • calendar-gray 12 October 2016

Baku. Agshin Rafigoglu - APA-Economics. State Oil Company of Azerbaijan Republic (SOCAR) transferred nearly AZN 119,443,000 to the state budget in September 2016, down AZN 17,044,000 or 12.49% from the last year.

 

SOCAR transferred over AZN 1,024,827,000 to the state budget in January-September 2016, down AZN 110,418,000 or 9.73% compared to the previous year. 

 

Moreover, SOCAR transferred AZN 12,816,000 to the State Social Protection Fund in September 2016, up AZN 1,028,000 or 8.72% from 2015.

 

SOCAR transferred over AZN 107,163,000 to the State Social Protection Fund in January-September 2016, up AZN 2,940,000 or 2.82% compared to the previous year.

 

Other news