Wed, Apr 16, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Sovereign wealth seen bolstering GCC corporate ratings

Posted on 12 June 2009

From Menafn.com: The accumulation of sovereign wealth is enabling governments in the Gulf Cooperation Council, or GCC, countries to raise expenditure in defiance of falling oil receipts, thus limiting the impact on corporate profits, says Moody’s Investors Service in a new Special Comment.

“Despite falling oil receipts, ample sovereign wealth funds are allowing GCC governments to maintain expenditure and support government-owned corporates in the face of deteriorating fundamentals,” the ratings agency said……..Full Article: Source


 Article link

This post was written by:

VRS - who has written 13898 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930