Government Pension Fund "to double in size": Gjedrem
NORWAY - Governor Svein Gjedrem has said the NOK1.4trn Government Pension Fund could more than double in size over the next decade to twice the country's GDP.
Speaking at a conference on Norwegian experiences in balancing economic development with macroeconomic stability, Gjedram said the fund had a market value of roughly 73% of GDP by end 2005, but added the...
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