Additional funds to be issued for SOCAR’s non-profile assets

An additional 61 million manat will be allocated from the Azerbaijan's stat3 budget for financial provision of non-profile assets of SOCAR (State Oil Company of Azerbaijan), such as diagnostic centers, hospitals, cultural centers and ministries of health, culture and tourism, during their transfer to the relevant ministries in 2012, Finance Minister Samir Sharifov said at a parliamentary meeting on Tuesday.

"Additional 61 million manat should be allocated for financial provision of diagnostic centers, hospitals, cultural centers and ministries of health, culture and tourism," Sharifov underscored. The company intends to escape non-profile assets held on its balance. In particular, it concerns institutions such as the Central Hospital of Oilmen.


/Trend/