In 2022, 10.59 billion revenue manat will come to the State Oil Fund (SNFAR). Fund expenses will be 12.79 billion.
According to Turan, this is stated in the conclusion of the Accounts Chamber.
According to the document, it exceeds the forecasts for 2021, respectively, by 32.4% and 4.4%.
Thus, next year, the SNFAR budget will arise the same deficit as the forecast for 2021 – 2.2 billion manat.
In the recall, it is especially indicated that “the negative impact on the growth of income will have a reduction of 1.5 million barrels of oil production at the Azeri – Cherag – Guneshley field, which is the main source of the fund’s income.”