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

Algeria plans investment fund for local projects

Posted on 18 December 2008

From Reuters: OPEC member Algeria will set up an investment fund next month geared at financing domestic economic projects, Finance Minister Karim Djoudi said.

“It is an investment company which takes the form of an investment fund,” government-run newspaper El Moudjahid quoted him as saying. Djoudi said the investment fund would be supplied mainly by the state treasury….. Full Article: Source


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