Baku/25.01.23/Turan: In 2022, the State Oil Fund (SOFAZ) lost up to 5.16% of its assets. This is reported by the SOFAR.In other words, SOFAZ's investment activity proved to be unprofitable last year.In particular, the SOFAZ sustained a loss of 2.37% due to the bonds and money market instruments invested in it, 3.34% due to shares and 0.55% due to real estate.Recall that in 2021, SOFAZ's return on investment was 4.49%.Including bonds and money mar...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus