| 27.02.2012 - K100 bln for dovereign wealth fund |
| The Papua New Guinea Government anticipates that a staggering K100 billion (US$30 billion) will be initially deposited into the Sovereign Wealth Fund (SWF). “We are talking in excess of some US$30 billion, at current exchange rate, that works out to about K100 billion. That is a lot of money,” Prime Minister Peter O’Neill said...............................................Full Article: Source |