Oil Fund’s extra-budgetary expenditures made public

16:53 - 26.10.2022


October 26, Fineko/abc.az. Extra-budgetary expenditures of the State Oil Fund of Azerbaijan (SOFAZ) in connection with the difference caused by the change in exchange rates amounted to AZN 4.185 bn.

ABC.AZ was informed at SOFAZ tat in the first 9 months of 2022 the market value of SOFAZ assets decreased by AZN 4.5 bn, caused by short-term price fluctuations.

What happened in the international financial bases before the 3rd quarter of 2022 was also reflected in SOFAZ investment portfolio.

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