OREANDA-NEWS. January 09, 2007. The 2007 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) was amended by the Decree of the President of Azerbaijan dated December 26, 2007, reported the press-centre of SOFAZ.

As per the Decree, the amount of expenditures of the Fund on financing some projects concerning solution of the social and settlement problems of the refugees and internally displaced persons are increased to AZN 154 161,0 thousand instead of the previous AZN 124 161,0 thousand.

The amount of expenditures for financing of “Baku-Tbilisi-Kars railway” project and for financing construction of the Oguz-Qabala-Baku water supply system are decreased accordingly from AZN 50 000,0 thousand to AZN 30 000,0 thousand and from AZN 183 620,0 thousand to AZN 173 620,0 thousand.