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SOCAR’s contributions to state budget reduce

Society Materials 9 February 2016 20:34 (UTC +04:00)
Azerbaijan’s state oil company SOCAR contributed to the state budget 117.69 million Azerbaijan manats in January 2016 compared to 118.5 million manats in January 2015.

Baku, Azerbaijan, Feb. 9

By Maksim Tsurkov - Trend:

Azerbaijan's state oil company SOCAR contributed to the state budget 117.69 million Azerbaijan manats in January 2016 compared to 118.5 million manats in January 2015, said the company Feb. 9.

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) 10.13 million manats in January 2016 versus 11.9 million manats in January 2015.

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

The official exchange rate is 1.5787 manats/$1 as of Feb. 9.

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Follow the author on Twitter: @MaksimTsurkov

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