SOCAR reduces transfers to state budget and SSSPF

  13 June 2016    Read: 1189
SOCAR reduces transfers to state budget and SSSPF
State Oil Company of Azerbaijan Republic (SOCAR) transferred AZN 117,806,000 to the state budget in May 2016, down AZN 14.29 million or 10.82% in comparison to a year earlier.
Totally, SOCAR transferred AZN 562,781,000 to the state budget in January-May 2016, down AZN 42.261 million or 6.98% compared to 2015.

Moreover, SOCAR transferred AZN 12,251,000 to the State Social Protection Fund in May 2016, up 8.92% or AZN 1,300,000 from 2015.

Totally, SOCAR transferred AZN 57,359,000 to the State Social Protection Fund (SSPF) in the same period, down 0.83% or AZN 483,000 by contrast to a year ago.

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