Tue, Sep 2, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

Where is Iraqi Kurdistan’s sovereign wealth fund?

Posted on 27 June 2011

The best thing the Kurdistan Regional Government can do ahead of the oil boom is to establish a fully-transparent sovereign wealth fund. The region’s oil should be a resource for generations, not an asset to be spent on jewelry, luxury cars, and ostentatious homes for the elite and politically-connected few.
Norway and Kuwait established the first sovereign wealth funds more than a half century ago in order to channel oil income into investment funds which not only would amplify revenue, but would also ensure the resources would protect the governments against declines in oil prices and the day when oil ran out………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14659 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

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