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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Alaska Gov. Walker plans briefings on fiscal concepts and budget

Posted on 28 October 2015

Gov. Bill Walker has invited Alaska business leaders here Thursday for a discussion of his final fiscal plan and the unveiling of his budget, and lawmakers will get their own briefing Wednesday on a “sovereign wealth fund concept.”
Walker’s administration has been working for months to create a plan to balance Alaska’s budget. This year the state is spending $5 billion while bringing in just $2.2 billion in revenue following a steep decline in the price of oil. Taxes and royalties from North Slope oil make up the majority of state revenue………………………………………..Full Article: Source


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