| Abu Dhabi Investment Authority’s assets will probably fall by billions of dollars by the end of this year as the emirate’s government taps its sovereign-wealth fund to bridge a deficit brought on by low petroleum prices, Fitch Ratings Ltd. said.
Assets will drop to $475 billion at the end 2016 from an estimated $502 billion at end 2014, Fitch said in a report. The government may also issue local and foreign currency bonds to finance its 2016 and 2017 deficit, according to the revenue agency...............................................Full Article: Source
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