Karabakh Revival Fund investments in debt securities grew by 50%

17:44 - 5.08.2024


August 5, Fineko/abc.az.  As of January 1, 2024, Karabakh Revival Fund’s investments  in debt securities amounted to 990.824 million manats.

ABC.AZ reports that the figure is 49.5% more than on January 1, 2023.

67.9% of Fund's investments in debt securities, or 672.871 million manats, were long-term (3.2% more than a year ago), and 32.1%, or 317.953 million manats, were short-term (30.2-fold more).
Over the year, the share of Fund's investments in debt securities in its assets increased by 13.6 percentage points, from 53.5% up to 67.1%.
The Karabakh Revival Fund was established on the basis of the presidential decree from January 4, 2021. Its authorized capital is 1 million manats. The Fund is a legal entity of public law that provides financial support and attraction of investments, development of public-private partnerships in this area, as well as the necessary campaigning work inside and outside the country for the restoration, reconstruction of liberated territories, as well as their transformation into a region with a stable economy and a high level of well-being.