Bank Of Baku

SOCAR increases budget transfers

SOCAR increases budget transfers
# 14 June 2012 15:22 (UTC +04:00)
Baku. Ali Ahmedov – APA-ECONOMICS. State Oil Company of Azerbaijan (SOCAR) paid AZN 107.637 million to the state budget in May, 2012, up 13% compared to 2011.

The company said in general SOCAR also transferred AZN 551.064 million to the state budget during January-May, 2012, up 22.9% compared to 2011.

Besides, SOCAR paid AZN 12.950 million to the SSPF in May, 2012, up 113.9% from year earlier. In general, the company paid AZN 64.366 mln to the SSPF during January-May, up 21% compared to 2011.
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