Azerbaijan approves State Oil Fund’s 2026 budget
State Oil Fund of Azerbaijan (SOFAZ)
President Ilham Aliyev has signed a decree approving the 2026 budget of the State Oil Fund of Azerbaijan (SOFAZ).
Under the decree, SOFAZ’s revenues for 2026 are projected at 13.03 billion manats ($7.66 billion), down 9.8% from 2025, while expenditures are forecast at 13.02 billion manats, an 11% decrease, News.Az reports, citing local media.
The state budget anticipates a transfer from the fund of 12.84 billion manats ($7.55 billion), 11.4% lower than the approved 2025 forecast.
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