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". Retrieved 24 September 2016.
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