22.02.2012 - Israel: Sovereign-wealth fund must be for social purposes
The government’s proposed sovereign-wealth fund must be used to finance social projects rather than security needs, Knesset Finance Committee MKs said Tuesday. The government must explain clearly which social projects it will finance using the fund, and if it fails to do so, the committee will draft its own clause to be sent to the Knesset for approval, committee chairman Moshe Gafni (United Torah Judaism) said...............................................Full Article: Source
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