Kuwait Audit Bureau Estimates RFFG Assets At $261Bn
Kuwait’s Reserve Fund for Future Generations (RFFG) had assets estimated at KD73.63bn ($261.4bn) as of 31 March 2012, according to a report prepared by the country’s Audit Bureau, details of which were disclosed by the local daily al-Qabas of 13 January.
Released last week, the Bureau report explained that the Kuwait Investment Authority (KIA), which manages the RFFG assets, does not...