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SOFAZ's assets increased by nearly 5%

SOFAZ

17 April 2025 15:11 (UTC +04:00)

As of March 31, 2025, the assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) amounted to USD 62,740.2 million , representing a 4.5% increase compared to the end of 2024 (USD 60,031.4 million ), SOFAZ told APA-Economics.

The budget revenues of SOFAZ for the January-March period of 2025 amounted to AZN 3,249.2 million, while the budget expenditures were AZN 3,643.3 million.

Shukran Mammadov

State Oil Fund of the Republic of Azerbaijan (SOFAZ)

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