Tue, Jan 27, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Ireland: Stimulus fund does not alter Government’s fiscal stance

Posted on 17 June 2013

A sovereign wealth fund is a nice thing to have. States enjoying windfalls often set up such funds. The Irish State enjoyed huge windfall tax gains from the property boom/bubble.
While Charlie McCreevy did many bad things during his seven years at the helm of the Department of Finance, including decentralisation, benchmarking and an utterly reckless spending splurge in the two years running up to the 2002 election, his setting up of a sovereign wealth fund more than a decade ago was one of his better decisions……………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 15610 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031