SOCAR increases budget payments by 15% in October

SOCAR paid AZN 128.944 mln funds to the state budget in October, 2011, up AZN 16.611 mln or 14.8% compared to last year.

SOCAR reported that in general, in January-October of 2011, the company paid AZN 1,082.806 mln to the state budget, up AZN 122.491 mln or 12.8% compared to last year.

Moreover, in October of the current year, SOCAR transferred AZN 11.648 mln to the State Social Protection Fund. This figure is AZN 386 mln or 3.4% more than last year. In general, in January-October, 2011, the payment to the State Social Protection Fund made AZN 111.655 mln, up AZN 2.899 mln or 2.75 from a year earlier.


/APA/