Macau Government Formally Withdraws SWF Bill
Posted on 09/21/2019
On September 19, 2019, the Macau government withdrew its bill to move 60 billion patacas (US$ 7,434,220,000) from the government’s financial reserves for the creation of the Macau Special Administrative Region (MSAR) Investment and Development Fund. The Macau government formally requested the Legislative Assembly to withdraw the bill.