| 06.05.2010 - Chile's Larrain reiterates small drawdowns from Sovereign Fund |
| From Dow Jones: Chilean Finance Minister Felipe Larrain on Wednesday reiterated that the government will only make moderate drawdowns from one of its sovereign wealth funds this year to finance earthquake reconstruction efforts. Chile currently has $11.13 billion in its Economic and Social Stabilization Fund and last year withdrew $9 billion from the fund to finance more fiscal spending.............................................Full Article: Source |