SOCAR gets decline in budget transfers

  16 November 2016    Read: 987
SOCAR gets decline in budget transfers
State Oil Company of Azerbaijan Republic (SOCAR) transferred nearly AZN 125,345,000 to the state budget in October 2016, down AZN 10,686,000 or 7.85% from the last year.
SOCAR transferred over AZN 1,150,172,000 to the state budget in January-October 2016, down AZN 121,104,000 or 9.53% compared to the previous year.

Moreover, SOCAR transferred AZN 12,207,000 to the State Social Protection Fund in October 2016, up AZN 1,013,000 or 9.04% from 2015.

SOCAR transferred over AZN 119,370,000 to the State Social Protection Fund in January-October 2016, up AZN 3,953,000 or 3.42% compared to the previous year.

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