Revenue Equalization Reserve Fund
US$ Billion: 0.4
Entity Structure: Fund
Transparency Rating: 1
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.
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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.
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