SOFAZ increased its assets in manats

16:51 - 22.01.2024


January 22, Fineko/abc.az. In three months, the volume of manats in the assets of the State Oil Fund (SOFAZ) increased by 1.59 billion manats, or 58%.

ABC.AZ reports with reference to SOFAZ that assets in manats, which amounted to 2.69 billion manats at the end of Q3 of 2023, increased to 4.25 billion manats in 3 months.

As of the end of 2023, SOFAZ's total assets amount to $56.69 bn.