Fri, Sep 19, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

Boom-and bust Alberta needs stabilization fund

Posted on 09 November 2010

From Edmontonjournal.com: The government of Alberta’s revenue volatility turns ordered plans topsy-turvy. Highly variable revenues make it difficult for the government to achieve a sustainable level of spending. Instead, Alberta’s spending tends to follow a boom-and-bust pattern — expenditures rise when oil and gas prices are high and abate when prices fall.
The rapid expansion of programs and capital spending during revenue booms stretches the capacity of the government to provide services and monitor spending, which can lead to waste and inefficiency……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14769 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930