Sat, Mar 28, 2015
A A A
Welcome kivanova2
RSS

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

Fitch: sovereign wealth fund plan positive for Angola

Posted on 24 October 2012

Angola’s decision to set up a sovereign wealth fund is positive news, Fitch Ratings says. It reaffirms our view that government policies are reducing the economy’s exposure to movements in the oil price, and laying a foundation for sustainable growth.
This view was reflected in our revision of the Outlook on Angola’s ‘BB-’ rating to Positive from Stable in May. We said that setting up a sovereign wealth fund could contribute to an upgrade if it were coupled with a longer track record of prudent fiscal and monetary policy management………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15976 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031