...

Azerbaijan's state budget to allocate funds for SOCAR’s non-profile assets

Oil&Gas Materials 6 December 2011 16:38 (UTC +04:00)
An additional 61 million manat will be allocated out of Azerbaijan’s public budget for financial provision of non-profile assets of SOCAR (State Oil Company of Azerbaijan), such as diagnostic centers, hospitals, cultural centers and ministries of health, culture and tourism, during their transfer to the relevant ministries in 2012, Finance Minister Samir Sharifov said at a parliamentary meeting on Tuesday.
Azerbaijan's state budget to allocate funds for SOCAR’s non-profile assets

Azerbaijan, Baku, Dec. 6 / Trend A.Akhundov

An additional 61 million manat will be allocated out of Azerbaijan's public budget for financial provision of non-profile assets of SOCAR (State Oil Company of Azerbaijan), such as diagnostic centers, hospitals, cultural centers and ministries of health, culture and tourism, during their transfer to the relevant ministries in 2012, Finance Minister Samir Sharifov said at a parliamentary meeting on Tuesday.

"Additional 61 million manat should be allocated for financial provision of diagnostic centers, hospitals, cultural centers and ministries of health, culture and tourism," Sharifov underscored.

The company intends to escape non-profile assets held on its balance. In particular, it concerns institutions such as the Central Hospital of Oilmen.

Tags:
Latest

Latest