Bank Of Baku

SOCAR increases budget transfers by 26%

SOCAR increases budget transfers by 26%
# 17 May 2012 09:06 (UTC +04:00)
Baku. Vahab Rzayev – APA-ECONOMICS. State Oil Company of Azerbaijan (SOCAR) paid AZN 121.005 million to the state budget in April, 2012, up 30.3% compared to 2011.

The company said in general SOCAR also transferred AZN 443.427 million to the state budget during January-April, 2012, up 25.6% compared to 2011.

Besides, SOCAR paid AZN 15.816 million to the SSPF in April, 2012, up 36.6% from year earlier. In general, the company paid AZN 51.416 mln to the SSPF during January-April, up 23.9% compared to 2011.
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