Assets of SOFAZ approach $74 billion
Finance
- 27 January, 2026
- 10:59
As of January 1, 2026, the assets of the State Oil Fund of Azerbaijan (SOFAZ) amounted to just over $73.541 billion, representing a 22.5% increase year-on-year, Report informs, citing the SOFAZ.
Last year, SOFAZ's budget revenues exceeded 17.16 billion manats (approximately $10.1 billion), while budget expenditures reached almost 14.63 billion manats (just over $8.6 billion).
Latest News
19:13
Albanian President Bajram Begaj congratulates President Ilham Aliyev
Foreign policy19:08
Photo
Uzbekistan, Kazakhstan draw at Chovgan World Championship in Baku
Sports19:05
Photo
President of Serbia receives Azerbaijan's Minister of Defense
Military18:52
Photo
Azerbaijan holds public discussion on child safety in digital space
Media18:39
Azerbaijan strengthens measures to protect children from violence, risks
Incident18:23
Some fintech companies in Azerbaijan may overtake banks in 2-3 years, AzFina chief says
Finance18:18
Azerbaijan should regulate children's use of social media, minister says
Education and science17:54
Deputy Minister: Virtual space turns into serious risk environment for children
Incident17:48