Revenues of Oil Fund in 2021 were twice more than projected

Revenues of Oil Fund in 2021 were twice more than projected
# 08 July 2022 17:13 (UTC +04:00)

Revenues of the State Oil Fund of the Republic of Azerbaijan in 2021 were up to twice more than forecasted, according to the implementation of the budget of the State Oil Fund for 2021, approved by the order signed President Ilham Aliyev today, APA reports.

The implementation of the budget of the State Oil Fund of the Republic of Azerbaijan for 2021 was approved with revenues AZN 15 985 652,3 thousand, expenditures AZN 11 382 683,9 thousand, or 199.8 percent of revenues and 92.9 percent of expenditures compared to the 2021 budget of the Fund.

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THE OPERATION IS BEING PERFORMED