Transfers of SOFAZ to state budget expected to reach 6 billion manat in 2016

Baku, September 15, AZERTAC The transfers of the State Oil Fund of Azerbaijan (SOFAZ) to the state budget are expected to reach 6 billion manat in 2016. According to the ministry of finance, SOFAZ's revenues are projected at 6.711.6 billion manat, expenditure is projected at 8.200 billion manat in 2016.