Tue, Sep 1, 2015
A A A
Welcome asarmad
RSS

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

Philippines: Sovereign wealth fund benefits cited

Posted on 25 April 2013

“The sovereign wealth fund is definitely a mechanism that can break the link between these huge inflows and the exchange rate,” IMF Senior Economist Jaime Guajardo said in an interview last week.
The Philippines has been buoyed by robust BPO earnings that hit $13 billion last year, up by 18.18%. Overseas remittances totalling $21.391 billion, up 6.3% from 2011 and breaching the Bangko Sentral ng Pilipinas’ (BSP) 5% growth target, also provided a boost………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16984 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2015
M T W T F S S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930