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Sovereign Wealth Funds Briefing - Categorized | Market

Government debt: The big sweat

Posted on 12 June 2009

From Economist.com: Norway’s gross debt was close to 60% of GDP in 2007, but thanks to its oil-based sovereign-wealth fund it had a net surplus of almost 150% of GDP.
Since Japan’s government controls vast assets, notably the Japan Post bank, its net debt, at 86% of GDP, is far lower than its gross debt……..Full Article: Source


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