Should Malaysia Create Its Own Oil Fund ala Norway?

Name: Should Malaysia Create Its Own Oil Fund ala Norway?
SKU: 608
Price: 20.00 EUR
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€20.00

At a time when national Treasuries are emptying to care for their people, countries would salivate to have set aside money in a rainy day fund like Norway’s Oil Fund. Should Malaysia?

Category: Malaysia

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Norway’s Oil Fund, now known as the Government Pension Fund Global, is the envy of the world. At above US$1 trillion, it turns governments green with jealousy during these times when the CoVid-19 pandemic lockdowns have stressed economies and emptied Treasuries. Malaysia is an oil producing nation; should it follow Norway’s example?