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Sovereign Wealth Funds Briefing - Categorized | Market, People

Norway PM says must discuss tighter long-term fiscal spending rule

Posted on 06 October 2016

Norway may tighten guidelines for spending cash from its $890 billion sovereign wealth fund, the world’s largest, Prime Minister Erna Solberg told public broadcaster NRK said.
The sovereign wealth fund invests the proceeds from Norway’s revenues from oil and gas production in foreign stocks, bonds and real estate. Its value corresponds to about $170,000 for every Norwegian man, woman and child………………………………….Full Article: Source


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