Slovenia to Consolidate State-Owned Assets into Proposed SWF
Slovenia is planning to consolidate state-owned assets into a sovereign wealth fund. By merging the different agencies, Slovenia hopes to enhance revenue and improve organizational efficiency. The five agencies manage assets of more than €10 billion. Over time, the Government of Slovenia will decide which assets to dispose of. The proposed sovereign fund’s profits will be used to finance pensions and the national budget.
Once a part of Yugoslavia, Slovenia has emerged as an independent nation. In 2007, the country became a Eurozone member and in 2010 joined the OECD. Austerity measures across Europe have negatively affected the Slovenian economy.
The country is highly dependent on exporting to other EU countries.
[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute