| Norway's conservative government has tapped the Scandinavian nation's $819 billion sovereign wealth fund for the first time since it's creation 20 years ago, citing lower tax revenues and an economy struggling with low oil prices.
Norway started pouring oil revenues into a rainy day fund in 1996 as a way to cushion the blow when the nation's oil runs out. The account is now the largest sovereign wealth fund in the world, even after the government pulled $781 million out in January...............................................Full Article: Source
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