Bank Of Baku

SOCAR increases budget transfers by 31%

SOCAR increases budget transfers by 31%
# 13 March 2014 15:18 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. State Oil Company of Azerbaijan transferred AZN 173.035 mln to state budget in February, 2014, up 30.8% from 2013.

 

Totally, SOCAR transferred AZN 346.613 mln to the state budget in January-February, 2014, up AZN 80.097 mln or 30.1% by contrast to a year earlier.

 

Moreover, SOCAR transferred AZN 11.323 mln to the State Social Protection Fund. Totally, AZN 24.820 mln was transferred to the SSPF in January-February, 2014, up 2.7% from a year earlier.

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