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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Reserve Currencies

President: Azerbaijan managed to avoid difficulties faced by several oil-producing countries

Posted on 08 May 2013

The Azerbaijani government managed to wisely use the revenues from energy sector and avoid some complications that some oil-producing countries had, Azerbaijani President Ilham Aliyev said during the first South Caucasus Forum in Baku today.
“A very important mechanism of asset management was created, like the State Oil Fund of Azerbaijan, which is considered to be one of the most transparent funds among all the independent funds of the world,” he said………………………………………..Full Article: Source


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