The revenues from managing assets of the Fund for January-December 2015 amounted to 335.6 mln. manats.
The Fund`s extra-budgetary revenues related to the revaluation of foreign exchange totalled 23 217.8 million manats.
As per 2015 budget of the Fund, 8 130.0 mln. manats were transferred to the state budget. The expenditures in the amount of 150.0 mln. manats were directed to financing the improvement of social-economic condition of refugees and internally displaced persons, 90.0 mln. manats were used for financing the reconstruction of the Samur-Absheron irrigation system. 61.5 mln. manats were directed to financing Baku-Tbilisi-Kars railway construction and 35.5 mln. manats were directed to financing "The state program on the education of Azerbaijan youth abroad in the years 2007-2015". 692.8 mln. manats were directed to financing the “Southern Gas Corridor” project. The Fund`s administrative and operational expenses for the reporting period were 27.9 mln. manats.
The assets of SOFAZ as of January 1, 2016 have dropped by 9.5% compared to the beginning of 2015 (USD 37 104.1) and stood at USD 33 574.1 mln.
More about:






