NASSAU, BAHAMAS — Bahamas Petroleum Company (BPC) has welcomed recent remarks by Prime Minister Dr Hubert Minnis on the establishment of a sovereign wealth fund in The Bahamas, noting that many natural resources in The Bahamas, including its potential oil resource, have the capacity to add an entirely new income stream to the Bahamian government. […]
Tag: sovereign wealth fund
PM: Govt. to “accelerate” implementation of sovereign wealth fund
NASSAU, BAHAMAS — The government intends to “accelerate” the implementation of a sovereign wealth fund, according to Prime Minister Dr Hubert Minnis. Minnis, who was addressing the Bahamas Business Outlook (BBO) conference, stated: “I am happy to advise that we intend to accelerate the implementation of a sovereign wealth fund, another recommendation of the Economic […]