OREANDA-NEWS. December 15, 2009. SOFAZ reports that its forecast on budget revenues for next year makes up AZN 5.96 bn and expenditures AZN 5.428 bn. Fund’s operating expenditures are restricted with AZN 33.4 million.

The forecast says that SOFAZ budget 2010 will be two-fold less than the budget for 2009 that is linked with reduction of oil export oil value from US70 to US 45 per barrel.

Nevertheless, the Fund expects budget net surplus of AZN 534.695 million.