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Sovereign Wealth Funds Briefing - Categorized | Market, Research

IMF: The party’s over for Azerbaijan’s oil sector

Posted on 25 May 2010

From Eurasianet.org: IMF has cautioned the government not to dip into its $16.2-billion-State Oil Fund to make up for lost economic growth.
The government has not commented on the findings yet. But at an April 15 cabinet meeting, President Aliyev maintained that Azerbaijan, despite a global economic recession, is still “demonstrating stable growth.”………………………………………Full Article: Source


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