Forecasted revenues of Oil Fund for 2022 are increased

State Oil Fund of the Republic of Azerbaijan

© APA | State Oil Fund of the Republic of Azerbaijan

# 22 July 2022 15:38 (UTC +04:00)

Revenues of budget of State Oil Fund of the Republic of Azerbaijan for 2022 are increased, while expenditures are decreased, it has been reflected in the amendment to Decree #1527 of President of the Republic of Azerbaijan dated December 23, 2021, "On budget of State Oil Fund of the Republic of Azerbaijan for 2022" with a decree of President Ilham Aliyev, APA reports.

According to the Decree, revenues of budget of State Oil Fund of the Republic of Azerbaijan for 2022 have been increased from AZN 10 589 701,9 to AZN 15 789 147,9, while expenditures decreased from AZN 12 789 674,6 to AZN 11 597 136,5.

#
#

THE OPERATION IS BEING PERFORMED