Ministry Seeks Lock On Fund Spending

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Date Added: May 15, 2008 03:44:02 AM

15 May 2008 By Darya Korsunskaya and Gleb Bryanski / Reuters The government needs to lock up to $50 billion in its sovereign wealth fund for five to seven years to make portfolio investment in foreign shares feasible, said Deputy Finance Minister Dmitry Pankin, who supervises the fund.

Category: Business & Economy » Finance and Investment » Stocks and Shares

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