The 2020 draft budget of Azerbaijan shows that while it is possible to increase earnings through the non-oil sector, the government continues to pump oil …
State Oil Fund of Azerbaijan
SOFAZ consistently loses in the real estate market
The State Oil Fund of Azerbaijan (SOFAZ) invests in luxury real estate abroad, but does not profit from these highly lucrative investments. In this article, …
What does the SOFAZ 2018 statement reveal and how does it compare to other sovereign funds
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) regularly publishes quarterly and annual statements on revenues, expenditures, and assets. The statements are available …
State Oil Fund of Azerbaijan: huge spending and overwhelming poverty
The economy of Azerbaijan is worsening due to poor management of oil revenues even though the government has spent 100 billion USD. About the Author: …