SOFAZ 2010 budget amended
BAKU – The 2010 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) was amended by the decree of Azerbaijani President on Thursday, SOFAZ said.
As per the decree, the amount of expenditures of the Fund on financing projects concerning solution of the social and settlement problems of the refugees and internally displaced persons is increased to 105 million manats instead of the previous 80 mln. manats, the amount of expenditures for financing the reconstruction of the Samur-Absheron irrigation system is increased to 131 mln. manats instead of the previous 110 mln. manats.
The amount of expenditures for financing of the Baku-Tbilisi-Kars railway project is decreased from 80 mln. manats to 34 mln. manats.
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