Baku 17° C
SOFAZ fulfills its budget commitments for 9 months
Business
- 06 October, 2025
- 13:16
From January to September 2025, transfers from the State Oil Fund (SOFAZ) to the state budget amounted to 10.860 billion manats ($6.3 billion), a 13.3% increase compared to the same period last year, Report informs referring to the Ministry of Finance.
SOFAZ is scheduled to transfer 14.481 billion manats ($8.5 billion) to the budget this year.
Therefore, the payment for the first nine months has been fully fulfilled.
Latest News
09:25
North Korea's foreign minister to visit Russia and Belarus, KCNA says
Other countries09:16
Pakistan seizes narcotics worth over $64M in major anti-smuggling operation
Other countries17:54
Leftwinger Catherine Connolly to be Ireland's next president after landslide election victory
Other countries17:48
One of Iran's largest private banks bankrupt
Region17:45
Media: White House pressuring Congress to repeal Caesar Act on Syria
Other countries17:43
Trump to meet Qatar's emir during refuel stop en route to Malaysia
Other countries17:43
Syria signs landing deal for first international submarine cable
Other countries17:34
Black boxes of cargo plane that crashed in Hong Kong retrieved
Other countries17:27
Photo