SOCAR cuts budget transfers

Wed 11 March 2015 05:26 GMT | 09:26 Local Time

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The State Oil Company of Azerbaijan (SOCAR) transferred AZN 108,227,000 to the state budget in February 2015.

Oxu.Az reports with reference to SOCAR that this is a decline of AZN 10,275,000 or 8.6% over the previous month.

In addition, SOCAR payments by the line of the State Fund of Social Protection made AZN 11,534,000 in February of this year, which is a drop of AZN 397,000 or 3.3% over January.




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