FinMin Says Namibia Plans to Have a Sovereign Wealth Fund

Posted on 10/26/2021

Namibia Finance Minister Iipumbu Shiimi says the country plans to create a sovereign wealth fund before the end of the year to secure the country’s future savings and transform the economy. The sovereign wealth fund would invest in fixed income and equities. The sovereign wealth fund would be comprised of a short-term fund (stabilization fund) […]

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