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Azerbaijan`s Oil Fund directs its investments mainly in developing states

16.07.2020,17:41


July 16, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) has directed its investments in developing countries.

ABC.AZ reports that this is stated SOFAZ’s report on the results of investment activities for past 6 months of 2020.

According to the report, as of 30 June of the year developing countries made 33.46% of Fund's investment portfolio. As of the end of Q1 of 2020 this figure was 31.39%.