Azerbaijan, Baku / corr Trend I.Khalilova / The International Monetary Fund (IMF) has publicized forecasts on strategic currency reserves of Azerbaijan up to 2012. In 2008 assets of the State Oil Fund of Azerbaijan (SOFAR), including the currency reserves managed by the National Bank of Azerbaijan (NBA), will make up $13.659bln, states an IMF report as a result of the Review on Article 6 of the Agreement established by the IMF.
In 2007 assets of SOFAR are forecast at $3,093bln compared to $1,936bln in 2006.
In 2009 assets of SOFAR are expected to reach $26.12bln, in 2010 - $36.387bln, in 2011 - $40.918bln and in 2012 - $36.967bln.