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2018-01-20

Explanatory Statement

In light of the circulating news across different media means recently, and attributed to an official from the Ministry of Finance, claiming that State General Reserve Fund (SGRF) has won government approval to establish a billion dollar infrastructure fund, We hereby deny the accuracy of this information and would like to confirm that SGRF is currently engaged in many vital investment projects to help in government efforts of economic diversification. These projects are always announced in SGRF official website and published in the various local news outlets, all in SGRF’s efforts to achieve the highest degree of transparency in its current and future investments.


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