Wed, Aug 20, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

AfDB backs sovereign funds for resource-rich nations

Posted on 02 October 2013

Resource-rich countries should curb illicit financial outflows and set up sovereign wealth funds to manage windfall revenues from hydrocarbon and mineral exports, a senior African Development Bank (AfDB) official said on Monday.
Steve Kayizzi-Mugerwa, development research director at AfDB, said African countries could finance most of their development needs through their own resources without depending on external debt if they properly managed their wealth………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14601 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031