26.07.2010 - A Lebanon fund: what we should know
From Dailystar.com.lb: The possibility that Lebanon might benefit from exploiting massive natural resources that exist off shore in the eastern Mediterranean has provoked a debate about establishing a sovereign wealth fund (SWF) to manage the accumulated revenues. If Lebanon chooses to do so, it would follow the example of an increasing number of countries storing their national wealth in a SWF. In recent years, a host of SWFs have been established by governments across the world, either on the back of burgeoning commodity incomes, trade imbalances, or the necessity to cover future pension liabilities facing aging populations.............................................Full Article: Source
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