ICGFM Promotes Knowledge Transfer Among Public Financial Management Experts

Working globally with governments, organizations, and individuals, the International Consortium on Governmental Financial Management is dedicated to improving financial management by providing opportunities for professional development and information exchange.

Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Friday, June 11, 2010

Sovereign Wealth Funds

The next paper, by Hany H. Makhlouf, provides a useful introduction and overview of sovereign wealth funds. These funds managed by 23 countries, mainly those with significant income from natural resources, for example, oil, have been of increasing interest in recent years and are expected to grow in the future if, as expected the price of crude oil triples in price over the next 20 years. However, the global economic meltdown had a major impact on their success and led many to a re-think of their strategic approach.

Sovereign Wealth Funds

Tuesday, May 19, 2009

Iraq, Budgeting and the Financial Crisis

Officials from the Government of Iraq presented a paper at the 23rd Annual ICGFM Conference discussing the drain from the budget, the affect of oil prices and improving financial management.

Managing the Drain on the Budget - Arabic Managing the Drain on the Budget - Arabic icgfmconference The significant decline in the price of oil has caused a dramatic reduction in oil revenuesand therefore, national financial resources for Iraq.

Managing the Drain on the Budget Managing the Drain on the Budget icgfmconference “Managing the Drain on the Budget”The significant decline in the price of oil has caused a dramatic reduction in oil revenuesand therefore, national financial resources for Iraq.

Gestion du drainage du Budget Gestion du drainage du Budget icgfmconference “Gestion du drainage du Budget”Le déclin significatif des prix du pétrole a causé une réduction spectaculaire dans lesrecettes pétrolières et, par conséquent, des ressources financières nationales de l’Irak.
Controlando las pérdidas del presupuesto Controlando las pérdidas del presupuesto icgfmconference La reducción del precio del petróleo ha provocado una gran disminución de los ingresosdel petróleo como asi también, en los recursos financieros nacionales de Iraq.