State Oil Fund's assets soar by 5%

State Oil Fund's assets soar by 5% Fund assets reached 34,8 bln USD
Finance
July 17, 2017 10:12
State Oil Fund's assets soar by 5%

Baku. 17 July. REPORT.AZ/ The assets of SOFAZ (The State Oil Fund of Azerbaijan) as of July 1, 2017 have increased by 4.96% compared to the beginning of 2017 (USD 33 147 mln.) and stood at USD 34 790.9 mln.

Report was told in the SOFAZ, growth was mainly due to SOFAZ's budget revenues, asset management activity and exchange rate effect of investment portfolio currencies.

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