03.03.2016 - SOFAZ reveals revenues, expenditures in 2015
Azerbaijan's state oil fund SOFAZ, which accumulates and manages the energy-rich country's oil and gas revenues, has revealed its revenues and expenditures for the period of January-December 2015. The Fund reported on March 1 that during the reported period, its budget revenues exceeded 7.721 billion manats ($4.898 billion), while budget expenditures constituted 9.188 billion manats ($5.829 billion)...............................................Full Article: Source
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