sovereign wealth fund institute
sovereign wealth fund banner
Sign up to the SWF Newsletter
Email:


Who reads the Sovereign Wealth Quarterly?

  • Sovereign Wealth Funds
  • Hedge Funds
  • Private Equity
  • Corporations
  • Banks & Other Financial Institutions
  • Ministries of Finance
  • Governments
  • Investment Managers
  • NGO’s
  • Legal Firms & Political Organizations
  • Academics & Libraries
  • Capital-seekers
  • Media

Revenue Equalization Reserve Fund

Revenue Equalization Reserve Fund


Country: Kiribati

Established: 1956

US$ Billion: 0.4

Origin: Phosphates

Entity Structure: Fund

Transparency Rating: 1

Summary:
The economy of Kiribati was heavily dependent on phosphate exports which accounted for 50% of the government’s revenue. Created in 1956, the Revenue Equalization Reserve Fund has been financed by phosphate earnings over the years and acts as a stabilizer fund.

News and Updates



Website

Kiribati Ministry of Finance

1. All figures quoted are from official sources, or, where the institutions concerned do not issue statistics of their holdings, from other publicly available sources.


Fund Information Feedback: please email update@swfinstitute.org
Please read Fund Feedback Policy, only reply if you are representative of this Fund.