SOFAZ’s resources increases by 90% over the last 10 years

SOFAZ’s resources increases by 90% over the last 10 years
  • Clock-gray 10:56
  • calendar-gray 28 February 2020

During the last 10 years, the resources of State Oil Fund of the Republic of Azerbaijan (SOFAZ) reached a peak and constituted $ 43 323 mln, SOFAZ told APA-Economics.

 According to the information, the resources of the Fund increased by 90,3% from 2010 ($22 767 mln) to 2019.

 Fund’s profitability on investment portfolio increased by 5,3 times from 2010 (0,99%) to 2019.

Emil Ismayilov

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