SOCAR gets rise in SSPF and budget transfers

SOCAR gets rise in SSPF and budget transfers
# 09 March 2017 12:44 (UTC +04:00)

State Oil Company of Azerbaijan Republic (SOCAR) transferred nearly AZN 134,471,000 to the state budget in February 2017, up AZN 36,271,000 or 36.93% from previous year.

SOCAR totally transferred AZN 262,658,000 to the state budget in January-February 2017, up AZN 46,776,000 or 21.66% in comparison to a year earlier.

Moreover, SOCAR transferred AZN 12,656,000 to the State Social Protection Fund in February 2017, up AZN 1,734,000 or 15.87% by contrast to a year ago.

SOCAR totally transferred AZN 25,163,000 to the State Social Protection Fund in January-February 2017, up AZN 4,113,000 or 19.54% compared to the previous year.

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THE OPERATION IS BEING PERFORMED