State Oil Fund’s assets have grown

15:04 - 23.07.2025


July 23, Fineko/abc.az. As of June 2025, the assets of the Azerbaijan State Oil Fund (SOFAZ) amounted to $66.516 billion (14.7% more versus last year’s same term).

ABC.AZ informs that according to SOFAZ's report on investment activity for 1st half of 2025, Fund's assets grew by 10.8% compared with the beginning of the year.

Over Jan-Jun 2025, SOFAZ budget revenues decreased by 4.56% to 8.833 billion manats, while budget expenditures increased by 13.5% up to 7.278 billion manats.