Bank Of Baku

SOCAR continues to reduce budget and SSPF transfers

SOCAR continues to reduce budget and SSPF transfers
# 08 April 2015 15:30 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In total, SOCAR transferred AZN 113,714,000 to the state budget in March, 2015, down AZN 62,779,000 or 35.6% by contrast to a year earlier.

 

Totally, SOCAR transferred AZN 340,443,000 to the state budget in January-March, 2015, down 182,663,000 or 34.9% from 2014.

 

Moreover, SOCAR transferred AZN 11,229,000 to the State Social Protection Fund in March, 2015, down AZN 989,000 or 8.1% compared to 2014.

 

Totally, AZN 34,686,000 was transferred to the SSPF in January-March, 2015, down AZN 2,352,000 or 6.3% by contrast to a year earlier.

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