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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

PNG’s off-budget spending raises fears for sovereign wealth fund

Posted on 04 August 2010

From Radioaustralia.net.au: The Asian Development Bank says the Papua New Guinea government’s massive drawdown on the nation’s trust funds in 2009 was not necessary.
And the ADB has urged the PNG government to deal with the problem before it sets up its new sovereign wealth fund……………………………………….Full Article: Source

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