Sat, Nov 18, 2017
A A A
Welcome mteam
RSS

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

PNG plans wealth fund to manage economic boom

Posted on 31 May 2011

Ian KemishPapua New Guinea’s Government says the country risks high levels of inflation and currency appreciation, if it does not manage its current resources boom well. Australia’s High Commissioner to PNG Ian Kemish has told Radio Australia’s Pacific Beat program, one way to manage the boom is to establish sovereign wealth funds.
“Papua New Guinea has taken very careful advice from Australia in particular a set of in-prinicple decisions about the establishment of sovereign wealth funds,” he said……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
November 2017
M T W T F S S
« Nov    
 12345
6789101112
13141516171819
20212223242526
27282930