Baku: SOCAR’s forecast for dividend payments to the state budget has been reduced, with the upcoming year’s dividend income from state-owned enterprises projected at 600 million manats.

According to Azeri-Press News Agency, this figure represents a decrease of 12.2 million manats or 2 percent from the forecast for 2025. However, it is an increase of 22.2 million manats or 3.8 percent compared to the actual implementation in 2024.

The main reason for the predicted decrease compared to the 2025 forecast is attributed to the State Oil Company of Azerbaijan (SOCAR). The expected dividend payments from SOCAR are anticipated to drop by 12 million manats or 2.6 percent, bringing the total to 450 million manats.