Thu, Jul 30, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Chile stocks slip as quake continues to shake markets

Posted on 04 March 2010

From WSJ: Faced with massive infrastructure damage, investors are expecting President-elect Pinera, who takes office March 11, to look to the sovereign wealth fund. The government has some $11 billion in the offshore Economic and Social Stabilization Fund, which it can tap to pay for reconstruction.

Last year, it withdrew about $8 billion from the fund to finance a $4 billion fiscal stimulus package and to pay for the fiscal deficit it incurred as a result of increased spending and lower revenue…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 16772 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
July 2015
M T W T F S S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031