Earnings of Azerbaijan's finance ministry from oil fund published

ECONOMICS  28 November 2022 - 18:30

As of October 1 of this year, Azerbaijan’s ministry of finance has transferred $2.012,353 billion to the State Oil Fund of Azerbaijan (SOFAZ).

According to Report, the Azerbaijani Accounts Chamber recorded this in their final report on the oil fund’s budget for next year.

According to the document, this is $726.65 million or 56.5% more than at the beginning of the year.

For the period of January to September 2022, the ministry received a total of $12.373 million in revenue from SOFAZ,  which equals 0.6% of the funds managed by the fund.

Caliber.Az