17.07.2008, 08:07
SOFAZ 2007 Budget Execution Approved
OREANDA-NEWS. On July 15, 2008 The President of Azerbaijan approved by his Decree dated July 11, 2008 the execution of the 2007 budget of the State Oil Fund of the Republic of Azerbaijan, reported the press-centre of SOFAZ.
As per the Decree, the revenues of the Fund were executed with 1 886 164, 8 thousand manats or 21,2 % surplus, and expenditures in the amount of 1 061 203,5 thousand manats or 4,9% less than budgeted expenditures.
As per the Decree, the revenues of the Fund were executed with 1 886 164, 8 thousand manats or 21,2 % surplus, and expenditures in the amount of 1 061 203,5 thousand manats or 4,9% less than budgeted expenditures.
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