The government will launch a public consultation in the middle of next year on the possible establishment of a company tasked with managing the local version of a “sovereign wealth fund”.
sovereign wealth fund
Chief Executive Fernando Chui Sai On has no regrets that his government withdrew its controversial perks bill and its 60 billion-pataca “sovereign wealth fund” bill during his 10-year term.
The government plans to set up the local version of a “sovereign wealth fund” with a proposed capital of 60 billion patacas.
