ECONOMY
SOCAR`s budget payment increases
Baku, October 11 (AZERTAC). The transfers to the state budget of the country have increased by 19.1% or AZN 136,244,000 over January-September 2009.
By results of nine months of 2010 the transfers of the State Oil Company of Azerbaijan to the state budget of the country made up AZN 847,982,000 ($1,057,000,000 by the current exchange rate).
According to sources in SOCAR, the transfers to the state budget of the country have increased by 19.1% or AZN 136,244,000 over January-September 2009. In September of this year, the transfers of the company to the state budget made up AZN 140,806,000 which is an increase by AZN 23,773,000 or 20.3% over September 2009.
By results of nine months of 2010 SOCAR also transferred AZN 97,494,000 to the state fund of social protection. The transfers have increased by 13.7% or AZN 11,773,000 over January-September 2010. In September the transfers made up AZN 12,308,000.
By results of 2009 the SOCAR transfers to the state budget of the country made up AZN 1,468,000,000 ($1,828,000,000 by the current exchange rate). The transfers to the state budget of the country have increased by 8.7% or AZN 117,104,000 over 2008.