10.08.2016 - Turkish Sovereign Wealth Fund expected to be among world top 20
While the establishment of the Turkish Sovereign Wealth Fund is still in progress, it is expected to be listed in the top 20 in the giants' league, as it gets TL 200 billion ($67.124 billion) in capital, as announced by Economy Minister Nihat Zeybekci. Slated to generate long-term and low-cost finance for strategic, large-scale investments that can contribute to the country's development, the Turkish Sovereign Wealth Fund has come to the top of the country's agenda. The government has goals to boost Turkey's economic growth by an additional 1.5 percent in the next 10 years with the new fund...............................................Full Article: Source
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