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
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
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
Gestion du drainage du Budget
Controlando las pérdidas del presupuesto
Managing the Drain on the Budget - Arabic
Managing the Drain on the Budget
Gestion du drainage du Budget
Controlando las pérdidas del presupuesto
Labels:
audit,
budget,
direct foreign investment,
financial crisis,
ICGFM,
Iraq,
oil,
PFM,
public financial management
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