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

Ukraine to create stabilisation fund

Posted on 22 October 2008

From Itar-Tass: Ukraine’s National Security and Defence Council on Monday decided to create a stabilisation fund. “It will be filled with privatisation revenues,” Ukrainian President Viktor Yushchenko said in a televised address to the nation after the council’s meeting.

”The National Security and Defence Council decided that privatisation revenues should not be used for consumption but should be invested in development,” the president said….. Full Article: Source


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