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SOCAR’s contributions to state budget reduce

Economy Materials 15 March 2016 15:32 (UTC +04:00)
Azerbaijan’s state oil company SOCAR contributed to the state budget 215.88 million Azerbaijan manats (AZN) in Jan.–Feb. 2016 compared to 226.73 million manats in Jan.-Feb. 2015

Baku, Azerbaijan, March 15

By Maksim Tsurkov - Trend:

Azerbaijan's state oil company SOCAR contributed to the state budget 215.88 million Azerbaijan manats (AZN) in Jan.-Feb. 2016 compared to 226.73 million manats in Jan.-Feb. 2015, said the company March 15.

The official exchange rate is 1.6322 manats/$1 as of March 15.

SOCAR contributed to the state budget 1.48 billion manats in 2015 compared to 1.86 billion manats in 2014.

SOCAR contributed to Azerbaijan's State Social Protection Fund (SSPF) 21.05 million manats in Jan.-Feb. 2016 versus 23.47 million manats in Jan.-Feb. 2015.

SOCAR contributed to SSPF 139.29 million manats in 2015 versus 141.24 million manats in 2014.

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Follow the author on Twitter: @MaksimTsurkov

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