Azerbaijani oil fund to pay $12 billion to budget

The State Oil Fund of Azerbaijan (SOFA) will pay $12 billion to the
budget this year, SOFA head Shakhmar Movsumof said, APA-Economics
reports.

The SOFA has $31 billion. Its funds are distributed between dollars and euros.
Movsumov expressed hope for stability on the world market and purchase
of various shares by the SOFA.