Bank Of Baku

SOCAR increases budget transfers 82%

SOCAR increases budget transfers 82%
# 08 August 2007 15:31 (UTC +04:00)
The State Oil Company of Azerbaijan paid AZN 110,240,000 in tax during July, up 82.1% from the same period last year.
SOCAR press service told APA-Economics that the payment to the State Social Protection Fund amounted to AZN 6,494,000, up 55.5% from a year earlier.
During January-July SOCAR paid a total of 595,123,000 (+43.6% year-on-year) to the budget and AZN 41,807,000 to the State Social protection Fund (+54.9%). /APA-Economics/
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