SOFAZ names volume of transfers to state budget The total amount of transfers from the State Oil Fund of Azerbaijan (SOFAZ) to the state budget amounted to 29.772.3 billion manat as of July 1, 2012, the State Oil Fund said. The transfers into the state budget amounted to 4 592.3 million manat in the first half of the year. The volume of transfers provided in the expenditure part of SOFAZ budget for 2012 amounted to 9905 million manat. SOFAZ assets increased by 9.6 percent... Read More