"The total revenues from oil and gas agreements during the fund's operation period amounted to $192.4 billion (92.8% of all revenues), while investment income was $14.9 billion (7.2%)," he said.
He noted that the fund's total expenditures amounted to $147.3 billion.
Of these, transfers to the state budget of Azerbaijan amounted to $132.6 billion (90% of all expenses), $11.9 billion (8.1%) was directed to project financing, extra-budgetary expenses were $2.3 billion (1.6%), and operational expenses were $0.47 billion (0.3%).
The Azerbaijan Oil Fund, established in 1999, accumulates revenues from oil and gas contracts implementation. SOFAZ assets as of December 31, 2024, are estimated at $60.031 billion.
AzVision.az
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