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

State Oil Fund of Azerbaijan’s 2009 budget changed

Posted on 09 October 2009

From Apa.az: Azerbaijani President Ilham Aliyev has signed a decree to make amendments to the budget for 2009 of the State Oil Fund of Azerbaijan (SOFAZ).

The President’s Press Service said the measure aimed to ensure the timely performance of SOFAZ-funded projects for the improvement of social condition of refugees and internally displaced persons, the construction of the Oghuz-Gabala-Baku water supply system and the reconstruction of the Samur-Absheron irrigation system………………..Full Article: Source

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