State General Reserve Fund

Sultanate of Oman
State General Reserve Fund
صندوق الاحتياطي العام للدولة
Agency overview
Headquarters Muscat Oman
Parent agency Ministry of Finance
Website http://www.sgrf.gov.om/

State General Reserve Fund is a sovereign wealth fund in Oman. It is one of few entities where the Sultanate of Oman channels its excess oil revenues. It was founded in 1980 by a royal decree and is a member of the International Forum of Sovereign Wealth Funds and is therefore signed up to the Santiago Principles on best practice in managing sovereign wealth funds.[1] Its objectives are purely financial. That means it does not invest in companies with the view of otherwise benefiting the local economy, nor other goals.

References

  1. ↑ International Forum of Sovereign Wealth Funds. "IFSWF Our members". Archived from the original on 27 September 2016. Retrieved 24 September 2016.
  • "SGRF investing in Bulgaria - a messy experience". Muscat Confidential. 11 March 2009. Retrieved 1 February 2011.
  • "Oman, Libya Sign $500 Million JV Deal". Khaleej Times. 14 December 2008. Retrieved 29 November 2009.
  • "VTB Capital signs Memorandum of Understanding (MOU) with State General Reserve Fund of the Sultanate of Oman". Zawya. 30 September 2009. Retrieved 29 November 2009.
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