Middle East Economic Survey
Bahrain SWF Will Hold $275Mn By End-2011
Bahrain’s Future Generations Reserve Fund (FGF) will have accumulated $275mn by the end of 2011, according to projections by the Bahraini Ministry of Finance. The sovereign wealth find was set up by royal decree in July 2006 with the purpose of strengthening the kingdom’s long term fiscal management and help preserve its hydrocarbon wealth. It receives part of the income...