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Finance Minister chairs FGF meeting

December 25, 2011
0

Minister Finance Shaikh Ahmed bin Mohammed Al Khalifa opens the workshop
The Board of Directors of the Future Generations Reserve Fund (FGF) has held its fourth meeting so far this year under the Chairmanship of the Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa.

During the meeting, the board reviewed the new investments, approved by FGF, and was assured on their compliance with its policies.

It also agreed to re-distribute the investment assets according to the trends of financial markets and FGF’s objectives.

The board also agreed in principle to construct an investment building whose rents will provide permanent revenues for FGF.

The panel also requested FGF Chief Executive officer to prepare FGF’s 2012 investment plan and submit it during the next meeting. Other issues were discussed.

Tags: FGF
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