of December 29, 2015 No. 719
About the budget of the State oil fund of the Azerbaijan Republic for 2016
Being guided by Item 32 of article 109 of the Constitution of the Azerbaijan Republic, for the purpose of forming of the budget of the State oil fund of the Azerbaijan Republic for 2016 and ensuring effective management of currency fund I decide:
1. Approve budget receipts of the State oil fund of the Azerbaijan Republic for 2016 in the amount of 4 578 474, 6 thousand manats, expenses - in the amount of 10 668 933, 7 thousand manats.
2. Determine that budget receipts of the State oil fund of the Azerbaijan Republic for 2016 are created due to the following receipts:
|
№ |
Sources of the income |
Amount of the income |
|
2.1. |
The net incomes gained from realization of the hydrocarbons falling to the share of the Azerbaijan Republic (less transport costs of hydrocarbons, expenses on bank, customs clearance, independent control (surveyor), marketing and insurance, and also except for the income falling on investments or equity of the State Oil Company of Azerbaijan Republic in projects in which it is investor, the unitholder or the partner) |
3 875 682,4 |
|
2.2. |
The Poakrovy payments paid by investors for use of contract area in connection with development of hydrocarbonic resources |
3 402,0 |
|
2.3. |
Income from oil transportation and gas on the territory of the Azerbaijan Republic |
19 278,0 |
|
2.4. |
Income from placement of currency assets of the State oil fund and management of them |
679 950,2 |
|
2.5. |
The bonuses paid by investors in connection with signing or implementation of oil and gas contracts |
162,0 |
|
|
Total |
4 578 474,6 |
3. Determine that expenses of the budget of the State oil fund of the Azerbaijan Republic for 2016 go to the following purposes:
|
Serial No. |
Directions of expenses |
Expense amount |
|
3.1. |
Financing of some measures connected with social questions and questions of arrangement of refugees and displaced persons |
90000,0 |
|
3.2. |
Transfer in the government budget of the Azerbaijan Republic for 2016 |
7615000,0 |
|
3.3. |
Financing of the project of reconstruction of Samur-Absheronsky irrigating system |
70000,0 |
|
3.4. |
Financing of the project of the new railroad of Baku-Tbilisi-Kars |
137621,7 |
|
3.5. |
Financing of the State program on training of the Azerbaijani youth in foreign countries in 2007-2015 |
36558,0 |
|
3.6. |
Financing of share of the Azerbaijan Republic in the project of the Southern gas corridor |
2355318,0 |
|
3.7. |
Financing of share of the Azerbaijan Republic in the construction project of petrochemical complex of STAR in the Republic of Turkey |
331776,0 |
|
3.8. |
The expenses connected with management of the State oil fund of the Azerbaijan Republic |
32660,0 |
|
|
Total |
10668933,7 |
4. Approve "The main directions (program) of use of means of the State oil fund of the Azerbaijan Republic in 2016".
5. Approve "Expense budget on management of the State oil fund of the Azerbaijan Republic in 2016".
Expense budget on management of the State oil fund of the Azerbaijan Republic in 2016
|
Serial No. |
Expenses |
Code |
Amount |
|
1. |
Compensation |
210000 |
6,078,280 |
|
2. |
Purchase of goods (works and services) |
220000 |
4,273,448 |
|
3. |
Grants and other payments |
260000 |
636,700 |
|
4. |
Pensions and social benefits |
270000 |
100,000 |
|
5. |
Other expenses |
280000 |
11,245,950 |
|
5.1. |
Rent and hired services |
281400 |
86,000 |
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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