Baku: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) reported a significant increase in its assets, which reached USD 62,740.2 million as of March 31, 2025. This figure marks a 4.5% rise compared to the end of 2024, when assets stood at USD 60,031.4 million.
According to Azeri-Press News Agency, the budget revenues of SOFAZ for the first quarter of 2025 were AZN 3,249.2 million, while the expenditures totaled AZN 3,643.3 million. This data outlines the financial performance of SOFAZ in the early months of 2025, reflecting its ongoing economic activities and fiscal management.