Azerbaijani President approves SOFAZ's 2025

29 December 2024

Azerbaijani President approves SOFAZ's 2025 budget

20:35 28 December 2024 Read: 335

Azerbaijani President approves SOFAZ

Azerbaijani President Ilham Aliyev has signed an order approving the 2025 budget for the State Oil Fund of Azerbaijan (SOFAZ), AzVision.az reports.

According to the order, SOFAZ's revenues for the coming year have been set at over 14.452 billion manats (just over $8.5 billion), while expenses are projected to exceed 14.640 billion manats (just over $8.61 billion). These figures represent increases of 19.7% and 13.5%, respectively, compared to the current year.

AzVision.az

More about:

News Line

At least 124 people killed as plane crashes while landing at South Korea airport - UPDATED

At least 124 people killed as plane crashes while landing at South Korea airport - UPDATED

Azerbaijan holds farewell ceremony for crew members of plane crash

Azerbaijan holds farewell ceremony for crew members of plane crash

North Korea announces extremely tough US strategy

North Korea announces extremely tough US strategy

Center for Development of Cultural and Creative Industries inaugurated with participation of Leyla Aliyeva

Center for Development of Cultural and Creative Industries inaugurated with participation of Leyla Aliyeva

Prisons struggle to accommodate inmates as crimes surges in France

Prisons struggle to accommodate inmates as crimes surges in France

Norovirus cases surge in US

Norovirus cases surge in US

Bodies of Azerbaijani plane crash victims brought to Baku

Bodies of Azerbaijani plane crash victims brought to Baku

MFA: Normalization agenda advanced throughout 2024 in line with Azerbaijan's national interests

MFA: Normalization agenda advanced throughout 2024 in line with Azerbaijan's national interests

Azerbaijani FM: Plane crash causes must be fully investigated and announced

Azerbaijani FM: Plane crash causes must be fully investigated and announced

Azerbaijani President approves SOFAZ's 2025 budget

Azerbaijani President approves SOFAZ's 2025 budget

Azerbaijan, Serbia sign bilateral military cooperation plan

Azerbaijan, Serbia sign bilateral military cooperation plan

Azerbaijan has demonstrated diplomatic activity to eliminate landmine threat: Ministry

Azerbaijan has demonstrated diplomatic activity to eliminate landmine threat: Ministry

Criminal case against Ruben Vardanyan sent to court

Criminal case against Ruben Vardanyan sent to court

Conservatives continue to accuse Musk of censorship amid row over immigration

Conservatives continue to accuse Musk of censorship amid row over immigration

MFA: Azerbaijan signed 204 documents with 40 countries on bilateral and multilateral basis in 2024

MFA: Azerbaijan signed 204 documents with 40 countries on bilateral and multilateral basis in 2024

Putin offers apologies to President Ilham Aliyev over AZAL plane crash

Putin offers apologies to President Ilham Aliyev over AZAL plane crash

Positive dynamics observed in Azerbaijan-UN relations in 2024: Foreign Ministry

Positive dynamics observed in Azerbaijan-UN relations in 2024: Foreign Ministry

Kazakh President tasks to ensure objective investigation of plane crash near Aktau

Kazakh President tasks to ensure objective investigation of plane crash near Aktau

Azerbaijan observes moment of silence to honor victims of AZAL plane crash

Azerbaijan observes moment of silence to honor victims of AZAL plane crash

Putin offers apologies to President Ilham Aliyev over AZAL plane crash

Putin offers apologies to President Ilham Aliyev over AZAL plane crash

Azerbaijani Army's tank units hold live-fire tactical exercise - VIDEO

Azerbaijani Army's tank units hold live-fire tactical exercise - VIDEO

President Ilham Aliyev approves Azerbaijan's state budget for 2025

President Ilham Aliyev approves Azerbaijan's state budget for 2025

Azerbaijan Airlines suspends flights to several Russian cities

Azerbaijan Airlines suspends flights to several Russian cities

Euronews: Preliminary investigation confirms Russian missile caused Azerbaijani plane crash

Euronews: Preliminary investigation confirms Russian missile caused Azerbaijani plane crash

Today marks national day of mourning in Azerbaijan

Today marks national day of mourning in Azerbaijan

Azerbaijan's MFA issues statement on AZAL plane crash in Aktau

Azerbaijan's MFA issues statement on AZAL plane crash in Aktau

Twelve survivors of AZAL jet crash in Aktau to be taken to Azerbaijan

Twelve survivors of AZAL jet crash in Aktau to be taken to Azerbaijan

Azerbaijan declines any assistance from Chechnya - source

Azerbaijan declines any assistance from Chechnya - source

At least 124 people killed as plane crashes while landing at South Korea airport - UPDATED

At least 124 people killed as plane crashes while landing at South Korea airport - UPDATED

Presidents of Azerbaijan, Kazakhstan hold phone talk

Presidents of Azerbaijan, Kazakhstan hold phone talk

AZAL flight Baku-Mineralnye Vody turns back following NOTAM alert

AZAL flight Baku-Mineralnye Vody turns back following NOTAM alert

2025 declared Year of Constitution and Sovereignty in Azerbaijan

2025 declared Year of Constitution and Sovereignty in Azerbaijan

Azerbaijan to amend rules regarding period of Russian citizens’ temporary stay

Azerbaijan to amend rules regarding period of Russian citizens’ temporary stay

World leaders extend condolences to Azerbaijan over plane crash

World leaders extend condolences to Azerbaijan over plane crash

News Line
Most Read

11:31 At least 124 people killed as plane crashes while landing at South Korea airport - UPDATED
11:21 Azerbaijan holds farewell ceremony for crew members of plane crash
10:49 North Korea announces extremely tough US strategy
10:11 Center for Development of Cultural and Creative Industries inaugurated with participation of Leyla Aliyeva
09:52 Prisons struggle to accommodate inmates as crimes surges in France
09:35 Norovirus cases surge in US
23:41 Bodies of Azerbaijani plane crash victims brought to Baku
22:00 MFA: Normalization agenda advanced throughout 2024 in line with Azerbaijan's national interests
21:11 Azerbaijani FM: Plane crash causes must be fully investigated and announced
20:35 Azerbaijani President approves SOFAZ's 2025 budget
19:50 Azerbaijan, Serbia sign bilateral military cooperation plan
19:00 Azerbaijan has demonstrated diplomatic activity to eliminate landmine threat: Ministry
18:21 Criminal case against Ruben Vardanyan sent to court
17:34 Conservatives continue to accuse Musk of censorship amid row over immigration
17:10 MFA: Azerbaijan signed 204 documents with 40 countries on bilateral and multilateral basis in 2024
16:56 Putin offers apologies to President Ilham Aliyev over AZAL plane crash
16:30 Positive dynamics observed in Azerbaijan-UN relations in 2024: Foreign Ministry
16:08 Kazakh President tasks to ensure objective investigation of plane crash near Aktau
15:44 Turkmenistan Airlines suspends Ashgabat-Moscow flights for one month
15:20 Azerbaijan to amend rules regarding period of Russian citizens’ temporary stay
15:01 Azerbaijani President shares post on Year of Constitution and Sovereignty - PHOTO
14:39 Brazilian experts join investigation into Azerbaijani plane crash in Kazakhstan
14:12 Climate change adds 41 days of dangerous heat around world in 2024
13:55 Russia's Azimut cancels flights to Azerbaijan
13:47 2025 declared Year of Constitution and Sovereignty in Azerbaijan
13:10 Germany calls for new sanctions against Russia
12:45 Panama dismisses Trump’s claims of Chinese control over Panama Canal as 'nonsense'
12:28 Ethiopia's President sends letter of condolence to Azerbaijani President
12:14 Romeo and Juliet actress Olivia Hussey dies aged 73
11:58 World's largest iceberg freed from whirlpool, could break apart in a month
11:42 Oil prices surge in global markets
11:27 Azerbaijan's Central Bank reveals operational goals, monetary policy instruments for next year
11:10 Erdogan: Türkiye to ensure security beyond its southern borders, starting from 2025
10:51 Israeli military uses explosive-laden APCs to clear booby-trapped areas in Gaza
10:35 Kazan airport in Russia’s Tatarstan suspends service
10:22 Azerbaijani oil price increases
10:10 Azerbaijani, Turkish FMs hold phone talk
09:49 Trump urges Supreme Court to delay TikTok ban
09:41 Number of homeless people in US up to record 770,000
09:25 President Ilham Aliyev inspects specialized utility vehicles in Baku
09:11 Haber Global: AZAL plane's GPS failure raises suspicions
23:29 President of Ukraine extends condolences to President Ilham Aliyev over AZAL plane crash
23:26 Azerbaijan, Türkiye discuss issues of regional and international security
23:21 State Commission convenes for another meeting to investigate causes of plane crash
22:10 Türkiye sends investigative team to Azerbaijan to probe plane crash
21:33 "Yeni Klinika" chief doctor provides update on AZAL plane crash victims' condition
20:22 Chairperson of Belarus National Assembly Council offers condolences to Speaker Sahiba Gafarova over plane crash
19:31 Baku Military College hosts seminar on combatting corruption
18:57 Minister Rashad Nabiyev: The debris and witness testimonies provide grounds to suggest external interference with the aircraft
18:55 Pakistan's Khalid Taimur Akram visits Embassy of Azerbaijan to offer condolences of the plane crash victims
18:45 Azerbaijani, Kazakh parliament speakers talk over phone
18:05 Italian journalist arrested in Iran
18:00 Measures to provide permanent housing for Azerbaijani servicemen are ongoing -MoD
17:20 South Korea impeaches acting president as political turmoil deepens
17:18 AZAL reports external factors in Aktau plane crash
17:17 Great Return: 21 families relocated to Khojaly's Ballija village receive house keys
17:09 Presidents of Azerbaijan, Kazakhstan hold phone talk
16:52 Baykar acquires Italian aviation giant Piaggio Aerospace
16:28 AZAL suspends flights to three more cities in Russia
16:03 Azerbaijani FM meets with OTS Secretary General
15:34 German president dissolves parliament, sets new elections for Feb. 23
15:12 Embraer representatives arrive in Aktau
14:56 PM Ali Asadov visits Embassy of Kazakhstan in Azerbaijan
14:32 Qazaq Air suspends flights from Astana to Yekaterinburg
14:11 Azerbaijan relocates 119 more individuals to Khojaly
13:59 Azerbaijan`s embassy in Morocco opens book of condolence on mourning day
13:45 Azerbaijani Army's tank units hold live-fire tactical exercise - VIDEO
13:27 Azerbaijani President approves minimum living wage for upcoming year
13:18 Azerbaijan Airlines suspends flights to several Russian cities
13:03 North Korean soldier fighting for Russia captured in Ukraine: South Korea
12:56 Azerbaijan declines any assistance from Chechnya - source
12:54 AZAL flight Baku-Mineralnye Vody turns back following NOTAM alert
12:41 Special quarantine regime extended in Azerbaijan
12:05 Plane crash victims commemorated at Azerbaijani Parliament
11:28 Second black box found in Azerbaijan Airlines plane crash
11:23 Human-induced climate change adds 41 days of dangerous heat in 2024
10:41 Western Azerbaijan Community condemns French politician's сontroversial remarks
10:39 Oil prices drop in global markets
10:21 President Ilham Aliyev approves Azerbaijan's state budget for 2025
10:05 Azerbaijani Embassy in US commemorates plane crash victims
23:55 Four bodies of the killed in the "Embraer 190" plane crash transported from Aktau to Baku - UPDATED
22:01 AZAL to provide financial assistance to victims and families of Aktau crash
21:03 Black boxes of crashed plane in Aktau to be studied after arrival of experts - official
18:32 Group of Azerbaijani citizens injured in AZAL plane crash transported to homeland
17:54 Thousands mark 20 years after deadly Indian Ocean tsunami
17:39 Azerbaijan assumes Presidency of Union of Turkic Chamber of Commerce and Industry
17:15 Euronews: Preliminary investigation confirms Russian missile caused Azerbaijani plane crash
16:39 Staff of Heydar Aliyev International Airport honors memory of plane crash victims
16:13 Georgian FM extends condolences to Azerbaijani counterpart
15:53 NATO calls for comprehensive investigation into plane crash
15:40 List of AZAL plane crash victims released
15:27 Assad loyalists kill 14 in clash with Syria's new ruling forces
15:17 Commemoration ceremony held at Azerbaijan's Consulate General in Aktau
15:08 Azerbaijani, Kazakh premiers hold phone talk
14:53 Kremlin will not speculate about causes of plane crash near Aktau - Peskov
14:42 US says ready to help Azerbaijan, Kazakhstan regarding plane crash
14:05 International community continues to offer condolences to Azerbaijan
13:58 South Korean MPs file motion to impeach acting president
13:19 Flags at UN Baku mission lowered in tribute to victims of Aktau crash
13:19 29 passengers survived thanks to professional crew: AZAL president
12:44 Plane crash near Aktau: Embraer and CENIPA representatives head to Kazakhstan
12:20 We share grief of brotherly Azerbaijan - Uzbek FM
12:07 Azerbaijan observes moment of silence to honor victims of AZAL plane crash
11:55 Azerbaijani, Kazakh FMs hold phone talk
11:26 Muslim Council of Elders offers condolences to Azerbaijan over deadly plane crash
11:03 Oil prices grow in global markets
10:46 Kazakhstan says bodies of 7 victims of plane crash near Aktau identified
10:25 Twelve survivors of AZAL jet crash in Aktau to be taken to Azerbaijan
10:20 Today marks national day of mourning in Azerbaijan
09:52 Kazakhstan's Embassy in Baku to open memory book for victims of AZAL plane crash
09:30 Russia’s aircraft evacuates nine Russians injured in Aktau plane crash
09:11 UN chief extends condolences over AZAL plane crash in Kazakhstan
08:33 Azerbaijan's group of doctors and rescuers sent to Kazakh city of Aktau
01:29 Azerbaijani Emergencies Minister talks on condition of injured in plane crash
00:30 Azerbaijan marks day of mourning over AZAL plane crash
23:31 Plane crash victims’ bodies to be repatriated to Azerbaijan soon
22:46 Number of casualties in plane crash near Aktau confirmed
21:37 3 crew members survive AZAL crash - Kazakh Minister
21:34 Investigation ongoing in Kazakhstan plane crash - AZAL
21:30 PM Ali Asadov leads investigation and support efforts for Azerbaijan Airlines Aktau crash victims - UPDATED

23:55 Four bodies of the killed in the "Embraer 190" plane crash transported from Aktau to Baku - UPDATED 725
17:15 Euronews: Preliminary investigation confirms Russian missile caused Azerbaijani plane crash 650
21:03 Black boxes of crashed plane in Aktau to be studied after arrival of experts - official 623
15:27 Assad loyalists kill 14 in clash with Syria's new ruling forces 612
22:01 AZAL to provide financial assistance to victims and families of Aktau crash 600
15:17 Commemoration ceremony held at Azerbaijan's Consulate General in Aktau 585
15:53 NATO calls for comprehensive investigation into plane crash 584
10:21 President Ilham Aliyev approves Azerbaijan's state budget for 2025 584
15:40 List of AZAL plane crash victims released 578
14:53 Kremlin will not speculate about causes of plane crash near Aktau - Peskov 576
16:39 Staff of Heydar Aliyev International Airport honors memory of plane crash victims 560
17:54 Thousands mark 20 years after deadly Indian Ocean tsunami 551
18:32 Group of Azerbaijani citizens injured in AZAL plane crash transported to homeland 548
16:13 Georgian FM extends condolences to Azerbaijani counterpart 547
17:39 Azerbaijan assumes Presidency of Union of Turkic Chamber of Commerce and Industry 538

Tell me about Azerbaijan

10:28

2021/11/1635834059.jpg

Drive up high to the remote village of Khinalig – Azerbaijan| PHOTOS

Armenian Aggression

12:13

2021/08/1629188112.jpg

Glorification of Armenian terrorism in California - OPINION

15:49

2023/12/1702641119.jpg

2023 champions honored at FIA Prize Giving event in Baku - NO COMMENT

Azerbaijan in Focus

09:37

2021/10/1634017375.jpg

EURONEWS : Highly skilled art of copperware production lives on in Lahij| VIDEO

23:17

2021/10/1634066358.jpg

Armenia launches criminal case on Serzh Sargsyan's visit to Baden-Baden - CARTOON

19:30

516OIzDe1pL._BO_.jpg

Years of Blood: A History of the Armenian-Muslim Clashes - Audiobook

About us

If you have a story you think we might be interested to know about please email our news team at [email protected] or phone +994 125975052 and ask to be put through to AzVision.

Azvision.az ©2014 | All rights reserved