04.10.2013 - Scotland 'could launch national oil fund' after 2014
Scotland could launch a national oil fund within a year of independence, experts said. The Scottish government bolstered its call for a Yes vote in next year's referendum following the report, which found a dual-fund system could begin investing the government's North Sea royalties as early as 2016. The plan would see a short-term "stabilisation" fund managing dips and peaks in revenue gained from its oil and gas revenues, while gains from a second, long-term fund could be channelled into public assets, the government's independent Fiscal Commission Working Group found...............................................Full Article: Source
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