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Investment property of SOFAZ down by 12%
Finance
- 25 June, 2023
- 06:48
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As of January 1 of this year, the value of investment property of the State Oil Fund (SOFAZ) amounted to 1,579,873,000 manats ($929.3 million) (-11.5%), Report informs, citing the financial (audit) report of the Fund for 2022.
By the end of last year, the investment property of SOFAZ was 1.9% of its assets. This rate was 2.4% by the end of the previous year.
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