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

Ghana plans to stash oil cash

Posted on 25 March 2010

From Upstreamonline.com: Ghana’s Finance Minister is seeking to create two investment funds fed by future oil revenues that would fill budget gaps and preserve the West African country’s hoped-for energy wealth.
The proposal, posted today on the ministry’s web site, comes as the leading cocoa and gold producer seeks to avoid the pitfalls affecting many of the world’s energy exporters ahead of its own commercial output expected later this year……………………………..Full Article: Source


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