Bank Of Baku

SOCAR decreases budget payments

SOCAR decreases budget payments
# 10 January 2011 10:11 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. State Oil Company of Azerbaijan transferred AZN 191.329 mln to the state budget in December, 2010, down 0.64% compared to a year ago, up 0.72% compared to November.
In general, SOCAR paid AZN 1 262.890 mln to the State Budget, in 2010, down 14% from year ago.
Besides, in September SOCAR paid AZN 13.894 mln to the State Social Protection Fund. Total, in January-December of 2010, SOCAR transferred AZN 137.982 mln to the Social Protection Fund, up 19.8% compared to the same months, 2009.
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