Mon, Jul 28, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

A Philippine sovereign wealth fund

Posted on 18 December 2012

Philippines could set up a sovereign wealth fund (SWF) with our excess reserves. The $14 billion mentioned above, which by the end of the year will probably be $15 billion would be the seed money. That is enough to double our infrastructure spending which is currently 2.5 per cent of GDP to the recommended 5 per cent, over the next five years. With that added spending, the government could easily meet its aspirational stretch target of growing the economy by 7-8 per cent a year.
Every year, depending on how well our balance of payments performs, we could just keep adding to the SWF……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14466 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031