Norway and MoF go up the natural resource base

The Ministry of Finance is working on the potential of a fund of Myanmar natural resources in cooperation with Norway.
Norwegian experts have suggested the idea a few months ago and since then have been collecting data, the Deputy Finance Minister U Maung Maung Thein told The Myanmar Times. Meanwhile, the Ministry of Finance has formed a committee, he said.
A natural resources fund is a type of sovereign fund – an investment vehicle for a particular purpose owned by a government, and financed by revenues from sales of oil, gas or minerals.

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