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Port Moresby
October 22, 2021
News

Cabinet to amend sovereign wealth fund by-laws

Cabinet is expecting to make appropriate amendments tothe by-laws governingthe sovereign wealth fund.

This is to ensure that it is compliant with some ofthe decisions made bythe O’Neil-Dion Government andthe former Somare-Abal Government.

A technical committee has been set up to work onthe processes of regulating and governingthe Fund.

Cedric Patjole reports.

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