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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Rescue packages tap pension fund reserves

Posted on 16 December 2008

From IPE: The governments of both Norway and Ireland have announced plans to draw money from their national pension reserves for fiscal stimuli early next year.

Jens Stottenberg, Norway’s left-wing prime minister, has unveiled additional spending measures targeting those sectors sharpest hit by the downturn, such as building and infrastructure, to be funded by Norway’s NOK1.947trn (€245bn) Government Pension Fund – Global….. Full Article: Source


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