Tue, Oct 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

Norway government to siphon US$26.7bln from Oil Fund

Posted on 15 October 2009

From Globalpensions.com: The Norwegian government plans to spend NOK148.5bn (US$26.7bn) of the Government Pension Fund – Global’s assets to help spur economic growth, the Ministry of Finance said as it unveiled its proposed 2010 budget yesterday.

“The extraordinary escalation in the spending of oil revenues to deal with the financial crisis and the global recession has brought spending of petroleum revenues to a high level,” the Ministry wrote in the national budget……………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14989 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031