IMF Thinks Macau Needs a Sovereign Wealth Fund

Posted on 08/01/2014

The International Monetary Fund (IMF) keenly believes Macau should have a sovereign wealth fund to protect itself from economic and social headwinds. In a recent IMF report on Macau, the authors’ suggest the creation of a Macau sovereign fund to buffer the city’s fiscal reserves from a slowdown in gaming revenue or shifts in social […]