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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Future fund to benefit infrastructure and kids, promises SA Government

Posted on 25 September 2013

The South Australian Government has detailed plans to set up a future fund for the state. Premier Jay Weatherill said contributions would be made to the fund only when the budget was in surplus.
The Government hopes the first injection of $20 million from mining royalties will be made into the fund in 2015-16. Mr Weatherill said the money would be spent on infrastructure and on programs to benefit the development of children………………………………………..Full Article: Source


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