SOFAZ assets exceed $40B for first time in 20 years

For the first time in 20 years, the assets of the State Oil Fund of Azerbaijan (SOFAZ) exceeded $40 billion, Trend informs referring to a report of the fund.

According to the report, as of March 31, SOFAZ assets reached $40,273.3 million, which is 4.56 percent more compared to the figure at the beginning of the year ($38,515.2 million).

News.Az 

News.Az