Azerbaijan amends budget of State Oil Fund for 2024

President Ilham Aliyev has signed an order amending the order "On the budget of the State Oil Fund of the Republic of Azerbaijan for 2024," Olaylar reports.

According to the order, the forecasted revenues of the Fundchr("39")s budget were revised from 12.73 billion manat to 14.1 billion manat (from $7.1 billion to $8.3 billion), and the forecasted expenditures were adjusted from 12.9 billion manat to 12.904 manat (from $7.588 billion to $7.590 billion).

The State Oil Fund is tasked with addressing the implications of this order.