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

Thailand: Sovereign fund likely to be ready by 2015, says Ampon

Posted on 07 October 2013

The Bank of Thailand remains committed to moving ahead with plans to establish a sovereign wealth fund, pledging it will be up and running by 2015, says Ampon Kittiampon, the central bank’s newly appointed chairman.
He said the fund is being studied by a working panel in order to make the best use of surplus foreign reserves and ease the government’s burden for international borrowing to finance state spending………………………………………..Full Article: Source


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