Azərbaycan Respublikası Dövlət Neft Fondu ARDNF (Baku)

The State Oil Fund of the Republic of Azerbaijan (ARDNF) is a sovereign wealth fund established to manage and invest the country's oil and gas revenues. Founded in 1999, ARDNF aims to ensure the equitable distribution of Azerbaijan's hydrocarbon wealth across current and future generations, while supporting the macroeconomic stability of the nation. The fund plays a strategic role in funding key socio-economic projects, preserving and increasing national wealth, and reducing the dependence on oil resources. With a commitment to transparency and accountability, ARDNF is a pivotal institution in Azerbaijan's economic landscape, often recognized for its effective governance and robust financial management.