The rise of sovereign wealth funds carries implications for globalfinancial market stability and the national interests of countriesreceiving these funds. Newly released principles should help toensure that SWFs are managed effectively, make sound investmentdecisions, and are more transparent.
Of substance and spirit
A good anchor in foreign exchange (FX) reserves management is Section 71 of the amended BSP Charter which provides that the BSP “shall endeavor to maintain at all times a net positive foreign asset position so that its gross foreign exchange assets will always exceed its g
Government of Guyana rushes through passage of Natural Resource Fund without stakeholders consultation thecaribbeancamera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecaribbeancamera.com Daily Mail and Mail on Sunday newspapers.
At the initiative of the Chairman of the State Great Hural (Parliament) G.Zandanshatar, a meeting entitled ‘Mongolians are the owner of their wealth’ on the Sovereign Wealth Fund was held on May 26.