Macau Government Formally Withdraws SWF Bill

Posted on 09/21/2019


On September 19, 2019, the Macau government withdrew its bill to move 60 billion patacas (US$ 7,434,220,000) from the government’s financial reserves for the creation of the Macau Special Administrative Region (MSAR) Investment and Development Fund. The Macau government formally requested the Legislative Assembly to withdraw the bill.