On December 24, the Decree[1] of the President of the Republic of Azerbaijan on the budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for 2022 was signed. The decree approved SOFAZ's budget revenues for 2022 in the amount of 10 billion 589 million 701.9 thousand manats, and budget expenditures in the amount of 12 billion 789 million 674.6 thousand manats. The Fund's budget deficit for next year is projected at 2.2 billion manats....
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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