State Oil Fund of Azerbaijan Republic (SOFAR) was authorized to manage the treasurys currency stock, Trend reports quoting Samir Sharifov, Minister of Finance of Azerbaijan.
В"Treasurys currency stock are passed to SOFAR that will deposit them in banks abroadВ", - he said.
State budget losses in 2005 amounted AZM 16.7bn, as a result of difference between currency amount on the day of income and equivalent AZM amount on the day of exchange.
State Oil Fund authorized to manage treasury's currency stock Finance Minister
