SOCAR increases budget transfers by 16%

SOCAR increases budget transfers by 16%
# 16 December 2013 14:44 (UTC +04:00)

Baku. Aqshin Rafigoglu – APA-Economics. State Oil Company of Azerbaijan transferred AZN 163.344 mln to the state budget in November, 2013, up 27.6% from 2012.

Totally, SOCAR transferred AZN 1,487.412 mln in January-November, up 15.5% by contrast to a year earlier.

Moreover, SOCAR’s transfers to the State Social Protection Fund (SSPF) surged 9.9% to AZN 14.275 mln.

SOCAR’s total transfers to the SSPF soared 2.2% to AZN 147.765 mln.

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