12.10.2015 - Fiscal prudence, sovereign wealth funds best ways to deal with low commodity prices: officials
As the International Monetary Fund (IMF) has regarded low commodity prices as one of the world's major economic concerns, finance ministers believe fiscal prudence and sovereign wealth funds are the best ways to deal with the problem. The world's top emerging economies largely rely on their massive commodity exports, such as Argentine soybeans, Angolan oil, Brazilian iron ore, Chilean copper, South African gold, and Indonesian nickel. However, commodity prices may well remain low with the slow global economic recovery, World Bank President Jim Yong Kim said Friday...............................................Full Article: Source
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