The government has revised SOFAZ's budget

The Government of Azerbaijan has revised the budget of the State Oil Fund (SOFAZ) included in the consolidated budget and updated revenue and expenditure forecasts, the Ministry of Finance. Thus, as a result of the revision, the forecast of SOFAZ budget revenues was increased from 12,073.3 million manats to 14,109.2 million manats, and the forecast of budget expenditures was reduced from 12,900.2 million manats to 12,866.7 million manats. Ulti...

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