Baku: Last year, the State Oil Fund of Azerbaijan (SOFAZ) transferred 14 billion 481 million manats to the state budget, in line with the forecast. This figure marks a 13.3% increase compared to 2024.
According to Azeri-Press News Agency, SOFAZ allocated 105.5 million manats to ongoing projects from January to December 2025. Of this amount, 18.6 million manats were directed towards the "State Program on Raising Competitiveness of Higher Education in Azerbaijan in 2019-2023." Additionally, 86.9 million manats were allocated to the "State Program for the education of young people at prestigious higher education institutions of foreign countries for 2022-2028."
During the specified period, SOFAZ's management expenses amounted to 40.7 million manats.