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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Only $1bln still in sovereign wealth fund, says Okonjo-Iweala

Posted on 06 November 2013

Ngozi Okonjo-Iweala, the minister of finance and coordinating minister for the economy, on Monday told the National Assembly joint finance committees that only $1 billion have been paid into the Sovereign Wealth Fund.
Okonjo-Iweala, who appeared before the joint committees, however, admitted that the inability of states and local governments to agree was responsible for non-increase in the fund………………………………………..Full Article: Source


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