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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches

IMF advises FG on SWF management

Posted on 01 March 2012

The International Monetary Fund, IMF, yesterday advised the Federal Government on the importance of improving public financial management, including a stronger framework for managing the nation’s oil wealth.
The IMF said it “welcomed the establishment of a Sovereign Wealth Fund, SWF, and underscored that a rules‑based approach to setting the budget reference oil price would strengthen the budgetary process and the operations of the SWF………………………………………..Full Article: Source


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