Bank Of Baku

SOCAR 30% increases budget payments year-on-year

SOCAR 30% increases budget payments year-on-year
# 15 July 2010 08:45 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. SOCAR (State Oil Company of Azerbaijan Republic) transferred AZN 88,690 mln to the state budget, up AZN 638 000 or 0.7% compared with June, 2009, SOCAR told APA.

SOCAR transferred AZN 513,972 mln in January-June, up by AZN 116.949 mln or 29.5% compared with a year ago.

In addition, in January-April SOCAR paid AZN 11.634 mln to the State Social Protection Fund, up 7.9% or AZN 850 000 compared with the same months, 2009.


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