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Thursday April 17 2025

Oil fund contributions to state budget rise

8 April 2025 20:33 (UTC+04:00)
Oil fund contributions to state budget rise
Qabil Ashirov
Qabil Ashirov
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In the first quarter of 2025, the transfer from the State Oil Fund of the Republic of Azerbaijan (SOFAZ) to the state budget amounted to ₼ 3.6 billion ($2.1 billion). This is ₼ 425 million ($250 million) or 13.3% more compared to the same period last year, Azernews reports, citing the Ministry of Finance.

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