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SOCAR significantly ups contributions to Azerbaijani state budget

Oil&Gas Materials 16 August 2011 15:32 (UTC +04:00)

Azerbaijan, Baku, Aug. 16 / Trend /

SOCAR transferred about 685.337 million manat to the state budget in January-July, or 82.438 million manat more than the same period of last year, the company said.

About 137.39 million manat were transferred to the state budget in July, or 54.5 percent more than last year.

According to the report, SOCAR transferred 76.981 million manat to the State Social Protection Fund in January-July, or 3.868 million manat (5.3 percent) more than the same period of last year.

The State Fund of Social Protection transferred 11.537 million manat in July.

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