Next year SOFAZ will increase assets by 3%

Fund's assets forecasted to reach 34 bln USD by year-end

Baku. 12 October. REPORT.AZ/ Assets of the State Oil Fund of Azerbaijan (SOFAZ) are expected to make around 34 bln USD by the year-end.

Report informs, SOFAZ's Executive Director Shahmar Movsumov said at a press conference on Wednesday.

According to him, the fund's assets are predicted to increase up to 1 bln USD next year: "Balanced budget will be applied in 2017."

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