SOCAR increases budget payments by 20%

SOCAR increases budget payments by 20%
# 13 September 2011 12:31 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In August this year, SOCAR transferred AZN 125.013 mln to the state budget, up 19.9% or AZN 20.736 mln from a year earlier.

As a whole, budget transfers of SOCAR for January-August made AZN 810.350 mln, up AZN 103.174 mln or 14.6% from a year earlier.

In addition, SOCAR transferred AZN 11.527 mln to the State Social Protection Fund. In general, in January-August, 2011, the company transferred AZN 88.508 mln to the Fund, up AZN 3.322 mln or 3.9% compared to last year.
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