07.10.2013 - Thailand: Sovereign fund likely to be ready by 2015, says Ampon |
The Bank of Thailand remains committed to moving ahead with plans to establish a sovereign wealth fund, pledging it will be up and running by 2015, says Ampon Kittiampon, the central bank's newly appointed chairman. He said the fund is being studied by a working panel in order to make the best use of surplus foreign reserves and ease the government's burden for international borrowing to finance state spending...............................................Full Article: Source |