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President Ilham Aliyev

President Ilham Aliyev approves implementation of SOFAZ's budget for 2025

BAKU, Azerbaijan, July 6. President of the Republic of Azerbaijan Ilham Aliyev has signed a decree approving the execution of the State Oil Fund of Azerbaijan (SOFAZ) budget for 2025.

The document was published on the official website of the President of Azerbaijan.

According to the decree, SOFAZ's 2025 budget recorded revenue of 17.16 billion Azerbaijani manat ($10.1 billion) and expenditure of 14.63 billion manat ($8.6 billion).

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