SOCAR ups transfers to state budget by 12.8 percent
Azerbaijan, Baku, Nov. 14 / Trend , E.Ismayilov /
The State Oil Company of Azerbaijan Republic (SOCAR) transferred 1.08 billion manat to the country's public budget in January-October 2011, the company said. This figure is more by 122.5 million manat compared to the same period of 2010.
The figure was 129million manat in October, 2011, which is more by 14.8 percent compared to the same period of 2010.
The company transferred 111.7 million manat to the State Social Protection Fund in this period. This figure is more by 2.9 million manat (2.7 percent) compared to the same period of 2010.
The figure was 11.65 million manat in October, 2011.
The official exchange rate is 0.7866 manat to $1 on Nov. 14.