SOFAZ sees double-digit growth in asset value in Jun. 2025
Photo: SOFAZ
By mid-year, the assets of Azerbaijan’s State Oil Fund (SOFAZ) rose by nearly 11 percent, reaching approximately $67 billion, driven by strong oil and gas revenues and investment income. Over the first six months, SOFAZ transferred more than 7 billion manat to the state budget and allocated additional funds to key education programs.
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