Sovereign wealth fund established

THE government has announced the establishment of a sovereign wealth fund to be fed from resource projects.

Sovereign wealth fund established Sovereign wealth fund established Sovereign wealth fund established Sovereign wealth fund established Sovereign wealth fund established

James Marape, centre, announcing the establishment of a sovereign wealth fund for PNG

This was said at the weekend by Prime Minister James Marape after receiving a dividend payment of K100 million from Kumul Petrolum Holdings, generated by the oil and gas companies from which Kumul's
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