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Robust systems must be in place before touching oil money –...

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Newly elected President of Guyana, Dr. Irfaan Ali, says he will be looking to ensure that robust systems are in place for the management...

Policy issues to consider for a Guyanese oil fund

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Economic theory suggests that there are a number of advantages arising from the establishment of an oil fund. These include the opportunity to create...

Multi-stakeholder committee to monitor oil revenues – Jordan

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The Guyana Government has committed to setting up a body to monitor the management of proceeds generated from the emerging Oil and Gas Industry....

Stakeholders call for more public involvement in plan to manage oil...

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Stakeholders in Guyana want the Government to do more to educate the populace on the benefits and operationalization of the Sovereign Wealth fund, also...

Erdogan appoints himself chairman of Turkey’s sovereign wealth fund

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(Reuters) - Turkish President Tayyip Erdogan has appointed himself chairman of the country’s sovereign wealth fund and completely changed its board, naming Finance Minister...

Norway’s $1 trillion wealth fund should keep oil stocks: commission

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Norway’s trillion-dollar sovereign wealth fund should continue to invest in oil and gas companies, a government-appointed commission recommended on Friday, contradicting earlier advice from...

Public consultations to be held on oil revenue in Guyana

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The Government of Guyana will be holding public consultations on how oil revenues will be invested and spent. During...

Cabinet approves Natural Resources Fund Green Paper for Legislative Body

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Guyana’s Cabinet Council of Ministers has granted approval for the Natural Resources Fund Green Paper to be laid in the National Assembly...

Sovereign Wealth Fund to ensure roads, bridges, health care and citizens...

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The Government of Guyana says it is committed to ensuring that legislation is in place by 2020 that is “both responsive to national concerns and...

How good are Sovereign Wealth Funds at investing money from natural...

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(Natural Resource Governance Institute) Governments around the world held about USD 3.7 trillion in oil, gas and mineral wealth in sovereign wealth funds (SWFs) at the...