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Azerbaijani president approves execution of SOFAZ's 2025 budget

06 July 2026 18:47

Azerbaijani President Ilham Aliyev has signed a decree approving the execution of the 2025 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ).

SOFAZ's revenues totalled 17.160 billion manats ($10.09 billion) in 2025, while expenditures amounted to 14.627 billion manats ($8.6 billion), Caliber.Az reports, citing local media.

By Bakhtiyar Abbasov

Caliber.Az

Read more about the key topics in this news story.

#STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

#SOFAZ

#AZERBAIJAN

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