Mon, Jun 27, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market, Reserve Currencies

Tapping Norway’s Oil Fund Raises Political Hackles

Posted on 07 October 2016

Low oil prices mean that this year the government for the first time is withdrawing more from the oil fund than it is putting in. Oil-rich Norway could be forming a bad habit.
The government said Thursday it would keep draining money from one vessel—the nation’s vast sovereign-wealth fund—to fill a shortage in another—-the annual budget. Beyond covering immediate spending needs, the government said it wished to support Norway’s economic recovery……………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
June 2022
M T W T F S S
« Nov    
 12345
6789101112
13141516171819
20212223242526
27282930