Timor-Leste Petroleum Fund Increases Equity Exposure up to 20%

Posted on 03/20/2012


According to the press release, “The Minister of Finance, Her Excellency Emilia Pires, and the Governor of the Central Bank of Timor-Leste, Mr Abraão de Vasconselos, announced that following the revision of the Petroleum Fund law in 2011, significant progress has been made in implementing a new asset allocation of the Petroleum Fund. Based on […]

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