Azerbaijan's President Ilham Aliyev signed a decree May 18 on execution of the 2015 budget of the country's State Oil Fund (SOFAZ). SOFAZ's revenues and expenditures were 7,721,084,900 manats and 9,187,826,900 manats, respectively, in 2015, according to the decree.
The budget revenues and expenditures were executed by 75.4 percent and 77.8 percent, respectively. The revenues from the sale of profitable oil and gas stood at 7,369,582,100 manats, while the revenues from the oil and gas transit through Azerbaijan's territory amounted to 11,594,900 manats...............................................Full Article: Source
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