01.10.2010 - Angolan government informs IMF it is preparing legal framework for future sovereign fund
From Macauhub.com.mo: The Angolan government is preparing the legal framework for the future Angolan sovereign fund, which will have “conservative management,” focused on maintaining assets, according to a document form the Angolan government sent to the International Monetary Fund (IMF). "This method of management will mainly be applied at the launch, up to the development of a strong framework and asset management capacity,” said the memorandum on economic and financial policy under the terms of the stand-by agreement with the IMF, published Tuesday in Washington..............................................Full Article: Source
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