Bank Of Baku

SOCAR increases budget payments by 6%

SOCAR increases budget payments by 6%
# 18 September 2010 11:21 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. State Oil Company of Azerbaijan transferred AZN 104.277 mln to the state budget in August, 2010, up AZN 6.8 mln or 6.1% compared with a year ago.

In addition, in January-August SOCAR paid AZN 707.176 mln to the State Budget, up 18.9% from year ago.

Besides, in May SOCAR paid AZN 12.731 mln to the State Social Protection Fund, up 34.8% from year ago. Total, in January-May of 2010, SOCAR transferred AZN 85.186 mln to the Social Protection Fund, up 21.1% compared with the same months, 2009.
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