Over 11 years in the state budget allocated more than $ 50 billion. Manats from the oil fund
From January 2003 to July 1, 2014 the total amount of transfers from the State Oil Fund (SOFAR) in Azerbaijan's state budget amounted to 51 billion 318,800,000 manat.
According to official data of SOFAR (http://www.oilfund.az/az_AZ/hesabatlar-ve-statistika/son-reqemler.asp), the report reflects the most important figures. Thus, to improve the socio-economic conditions of refugees and IDPs to allocate 1 635 million manat for the reconstruction of the Samur-Absheron irrigation canal - 1 080 400 000 manat.
Next in importance is the development and financing of the project of construction of Oguz - Gabala - Baku (779.6 million manat), the construction of the Baku-Tbilisi-Kars cost the Fund 386,700,000 manat.
To finance the refinery complex Star in Turkey spent 372.6 million manat, on the National Curriculum of Azerbaijani youth abroad in 2007-2015 - 93 million manat, to finance the equity participation of the state in the authorized capital of JSC Southern Gas Corridor - 40 mln manat .
SOFAR was established by the presidential decree of 29 December 1999 and is the budget state institution, accountable only to the President. The Fund carries out transfers to the state budget of Azerbaijan since 2003. –0--
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