SOFAZ Regulates Priorities of Investment Portfolio
The Fund's website notes that its investment policy in 2020 should provide maximum profitability with a low risk of loss of fixed capital.The base currency of the Fund's investment portfolio is the US dollar. At least 90% of the total value of the investment portfolio are assets denominated in currencies of countries with a credit rating of at least "A" (Standard & Poor's, Fitch) or "A2" (Moody's) by international credit agencies, and this year a...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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