| State Oil Fund of Azerbaijan should reconsider ruble policy, said the MP Faraj Guliyev in the discussion of budget package for 2015 at the plenary meeting of Azerbaijani Parliament.
He noted that SOFAZ invested in ruble and as the ruble’s value declines, Fund’s assets will also be decreased: “Ruble’s value declines. If it continues, our assets in ruble will decrease. I think the Fund should reconsider ruble policy”. Guliyev also says measures should be taken for reduction of dependence of budget on oil: “There are countries without oil. How do they form the budget?”....................................Full Article: Source
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