Bank Of Baku

SOCAR increases budget transfers by 10%

 SOCAR increases budget transfers by 10%
# 13 January 2014 14:33 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. State Oil Company of Azerbaijan transferred AZN 87.025 mln in December, 2013.

 

SOCAR told APA-Economics that AZN 1.574 bln was transferred to the state budget in 2013, up 10.4% by contrast to a year earlier.

 

In addition, SOCAR transferred AZN 14.426 mln to State Social Protection Fund in December, 2013, up 11.5% from 2012.

 

Totally, AZN 162.191 mln was transferred to the State Social Protection Fund in 2013, while these transfers in 2012 made AZN 4.690.

 

 

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