Trinidad & Tobago Government Withdraws $251 Million from Heritage and Stabilization Fund

Depressed oil prices have exerted enormous pressure on the fiscal budget of Trinidad & Tobago, creating revenue shortfalls. On March 16, 2017, a budget move was approved to withdraw TT$ 1,712,200,000 (US$ 251 million) from the country’s Heritage and Stabilization Fund (HSF). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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