Parliament Passes Bill, GIC Could Manage an Additional $136.7 Billion Soon
Posted on 01/12/2022
One of the world’s most active sovereign wealth fund in direct investments could get more money to manage from the country’s central bank. On January 12, 2022, Singapore’s Parliament passed a bill permitting the Monetary Authority of Singapore to buy a new type of non-marketable security issued by the government, known as Reserves Management Government […]