05.08.2015 - WB predicts decline in Azerbaijan Oil Fund’s assets to $33.17 bn

The embargo on the publication of the Country Partnership Framework (CPF), endorsed by the World Bank Board of Directors on 21 July, has been lifted. According to CPF, the WB forecasts medium-term reduction of assets of the State Oil Fund of Azerbaijan (SOFAZ). Under the forecast, in 2015 the SOFAZ assets will total $37.1 bn, in 2016 - $34.8 bn, and in 2017 - $33.17 bn...............................................Full Article: Source

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