SOFAZ assets projected to reach nearly $78.3 billion by 2030

Under the baseline scenario, the assets of the State Oil Fund of Azerbaijan (SOFAZ) are projected to approach $78.3 billion by 2030.

According to Report, the forecast is included in the 2027 state budget package.

Under extreme scenarios, the figure could deviate from this level by approximately $8 billion in either direction.

According to the document, reducing transfers from the fund over the medium term will help preserve its assets even if oil prices fall to unfavourable levels.