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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Panama: Sovereign fund will reach $12,500 mln by 2025

Posted on 09 March 2012

The sovereign fund, a savings instrument that will receive a portion of surplus revenues of an expanded Canal, would accumulate to about $12,500 million by 2025, according to projections managed by the Executive.
Each year, from the contributions generated by the Canal to the State, a portion will go to the National Treasury for the equivalent of 3% of gross domestic product (GDP) and funds in excess of that amount will be allocated to the savings fund………………………………………..Full Article: Source


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