Brazilian National Treasury Taps Sovereign Wealth Fund for Money
Posted on 01/03/2013
On the final day of 2012, the Brazilian National Treasury will withdraw R$8.85 billion from the Fundo Soberano do Brasil. In recent months Brazil’s government decided to permit the use of sovereign wealth fund resources to meet primary surplus targets of public sector accounts. This money is to be used to meet Brazil’s 2012 fiscal […]
