During 2013 SOCAR paid 1.574 billion AZN to the state budget ($2,007 billion).
SOCAR press office reported that the payments went down by 10.48% or by 149.41 AZN against 2012.
Last year SOCAR also transferred 162,191 billion AZN to the State Social Security Fund. The allocations increased by 2.98% or 4.69 billion AZN against 2012.
During 2012 SOCAR’s allocations to the state budget totaled 1,425 billion AZN ($1,819 billion). During last year SOCAR also transferred 157,501,000 AZN to the State Social Security Fund.—0—
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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