29.09.2011 - Japan encounters calls for creation of a sovereign wealth fund
Similar to recent domestic and international pressure for Australia to create a sovereign wealth fund, Japan is now facing similar urgent calls. Democratic Party of Japan (DPJ) policy chief Seiji Maehara has asserted in an interview with Dow Jones Newswires that the country should consider a sovereign wealth fund to fight the strong yen. Furthermore, he noted that he aims to sell as many government assets as possible to lower reliance on tax hikes in order to help fund earthquake reconstruction..............................................Full Article: Source
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