SOFAZ to spend 2.2 billion manats more than earned next year

In 2022 the State Oil Fund (SOFAZ) will receive AZN 10.59 bln of income and AZN 12.79 bln of expenses. This statement was made by the Accounts Chamber in its conclusion on the budget of the SOFAZ for the next year.According to the document, it is up 32.4% and 4.4% from forecasts for 2021 respectively.Thus, next year's budget of SOFAZ will face the same deficit as this year's projection-2.2 billion manats.Added to this can be that "Next ...