Incomes of State Oil Fund of Azerbaijan decreased by more than twice
During 6 months, 2015 only 4,054,000,000 AZN ($3.9 billion) has been transferred to the State Oil Fund of Azerbaijan Republic (SOFAZ), reads the SOFAZ’s second quarter report.
During the same period last year the Fund’s incomes totaled 6,493,600,000 AZN or $8.3 billion. As compared to last year the incomes in AZN decreased by 33% and in USD by 2.1 times.
During 2014 SOFAZ’s total incomes reached $16.2 billion.—0—
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- Economics
- 27 July 2015 15:01
Economics
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