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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

The cost of Qatar’s punchy spending style

Posted on 20 March 2013

The resource-rich country will have a current account surplus worth 27 percent of GDP, or $51 billion, this year, according to estimates by the International Monetary Fund. The Qatar Investment Authority, its sovereign fund, boasted of having $30 billion to spend last year alone.
Qatar is not blind to criticism. Doha is planning a bonanza of initial public offerings at home, including the listing of a $12 billion investment vehicle half owned by the sovereign fund, to ward off any domestic discontent that its population isn’t sharing the benefits of the state’s spending………………………………………..Full Article: Source


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