Transparency initiative annual report

6. EITI REQUIREMENT 6

6.1. Social expenditures

Information regarding social expenditures was not included in EITI Report for the year ended 2015. This is due to the decision made by EITI Multi Stakeholder Group on 34^th meeting dated 10 December 2014 to eliminate the information which is not relevant to the Republic of Azerbaijan. ⁹⁹

SOCAR is engaged in investment into different areas of provision of social services, creation of public infrastructure, quasi-fiscal expenditures etc. The main direction of charity and social assistance has included:

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  Social assistance and protection;
  
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  Support to education, culture and sports initiatives;
  
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  Support to healthcare;
  
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  Support to other state social programs;
  
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  Other events envisaged in the internal documents of the Company.