Colombia Looks to Creating a Sovereign Wealth Fund

Posted on 06/11/2010

Juan Carlos Echeverry, the government head of Colombia’s National Planning Department, is quite the optimist. He believes the country is on the right path. Echeverry is keen on the creation of a sovereign wealth fund. The fund could receive royalties from oil sales worth equivalent to 1% of GDP. The savings would help the country’s […]

Get News, People, and Transactions, Delivered to Your Inbox