SOFAR's off-budget revenues drop by nearly 10 times, transit revenues by 100%

In the first quarter of 2024, budget revenues of the State Oil Fund (SOFAR) amounted to 5,268.3 million manats, extra-budgetary revenues related to the difference in exchange rates amounted to 151.7 million manats, and budget expenditures amounted to 3,205.4 million manats. This is reported by the Fund According to the data, they are 31.1% less, 9.4 times less and 2 times more than in the same period of 2023, respectively. In January-Mar...

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