Irish reserve fund up €3.5bn

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IRELAND - The value of the National Pensions Reserve Fund (NPRF) rose to €18.9bn in 2006 aided by investment returns and an annual cash injection from the government.

An additional €3.5bn came from a 12.4% investment return and an annual cash injection equivalent to 1% of GNP from the national government, worth €1.4bn. National Pensions Reserve Fund senior mana...

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