SOFAZ to Invest Some Funds on Investment Projects

Posted on 11/07/2012


The State Oil Fund of Azerbaijan (SOFAZ) will allocate AZN 2.149 billion for investment projects in 2013. Azerbaijan’s Finance Minister Samir Sharifov made the announcement at a recent parliamentary committee meeting on the state budget for 2012. In September 30, 2012, SOFAZ had 1.35% allocated to equities and 1.86% allocated to gold, the rest was […]

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