06.05.2010 - Chile seen likely to take $1 bln or less from wealth fund

From Dow Jones: Chile's government will likely make drawdowns of only around $1.0 billion or less from one of its sovereign-wealth funds this year to finance earthquake-reconstruction efforts, said former central bank president Vittorio Corbo. A massive earthquake and tsunami struck Chile in late February, killing hundreds and causing damages estimated at nearly $30 billion, of which the government will pay for $8.4 billion.............................................Full Article: Source

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