This is what Oman has in her Sovereign Fund

This is what Oman has in her Sovereign Fund

Geza Ulole

Geza Ulole

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Oman to Follow Abu Dhabi With Sovereign Fund Merger Plans

By

Dinesh Nair

and

Archana Narayanan

Sultanate would combine SGRF with Oman Investment Fund

Move follows Abu Dhabi’s plan to merge Mubadala and IPIC

Oman, the largest Arab oil producer outside the Organization of Petroleum Exporting Countries, is considering a merger of its two main sovereign wealth funds amid a slump in oil prices, people familiar with the matter said.

The Gulf state is seeking to combine State General Reserve Fund with smaller peerOman Investment Fund to create an entity with about $25 billion in assets, the people said, asking not to be identified as the information is private. The discussions are preliminary and no financial advisers are currently involved, the people said. Final agreements haven’t been reached and talks may still falter, they said.

Oman is studying ways to improve its investment management and a merger of the two funds could include other investments, one of the people said. Countries in the Gulf Cooperation Council, a group of six oil-producing Arab monarchies, are restructuring national oil companies -- selling shares, merging units and cutting costs -- after crude slumped by more than half since 2014.

Representatives for SGRF and OIF didn’t immediately respond to requests for comment. No one at Oman’s finance ministry was available for comment.

Abu Dhabi is merging its sovereign wealth funds Mubadala Development Co. with International Petroleum Investment Co. to cut costs and combine complimentary businesses.

SGRF was set up in 1980 to invest the country’s financial surpluses and mostly focuses on opportunities outside Oman, according to information on its website. It manages assets of about $18 billion, according to the Sovereign Wealth Fund Institute. The annual return reached 7.1 percent since its inception, according to the fund’s 2015 report.

Oman Investment Fund was founded in 2006 and is fully funded by the Ministry of Finance, according to its website. The SWFI estimates the fund’s size to be about $6 billion in assets.

Oman to Follow Abu Dhabi With Sovereign Fund Merger Plans

MY TAKE
Muache ujinga wa kujilinganisha na Oman! $10 bln si fedha zinawashinda Waoman tena isitoshe wakiwa na Wachina na Watanzania kama partner. Magufuli alone anaweza ku-raise a bln US dollar ila kawaachia Oman na China yeye akihangaika na inland infrastructure.
 
Huenda tukanufaika ngoja tusubiri muda utupe majibu sahihi.
Yaliyopita sindwele ingawa hatujui ya kesho na matokeo ya vitendo vya leo
 
Nice nice .....let see kenyas foreign reserve amount now!!


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geza enda ulale na hyo oman yenu

Kenyas foreign reserve fund is at 10.984bn$
Lmao

Its too easy wth this tanzanians

43135aca61b65ad5d74e11521de41903.jpg
3ec3302e56869a924b45f0729662720c.jpg

Ya

OMAN

04cd2e9b585e20a2627d95da7b6737f4.jpg



Hakuna kitu oman itafanya chaa maana tanzania kenya haijafanya infact kenya ni big brother ya oman kule Tz kwa investments
 
Ya South Afri ni 40.2bn$
Annual budget ni 112bn$

Ya Egypt ni 36bn$
Annual budget ni 57bn$

Ya Nigeria ni 32bn$
Annual budget ni 22.1bn$

Ya Kenya ni 10.94bn$
Annual budget ni 25bn$

Ya Angola ni 8.78bn$
Annual Budget ni 17bn$

Ya Ghana ni 7.1bn$
Annual budget ni 14bn$

Ya Ethiopia ni 3.05bn$
Annual budget ni 10bn$

Ya Tanzania ni 3.31bn$
Annual budget ni 12bn$

Ya Uganda ni 2.1bn$


Ya Rwanda ni 456mn$

Mkae huko mnyamaza lcd yenu!!!
 
Sammuel999 said:
Ya South Afri ni 40.2bn$
Annual budget ni 112bn$

Ya Egypt ni 36bn$
Annual budget ni 57bn$

Ya Nigeria ni 32bn$
Annual budget ni 22.1bn$

Ya Kenya ni 10.94bn$
Annual budget ni 25bn$

Ya Angola ni 8.78bn$
Annual Budget ni 17bn$

Ya Ghana ni 7.1bn$
Annual budget ni 14bn$

Ya Ethiopia ni 3.05bn$
Annual budget ni 10bn$

Ya Tanzania ni 3.31bn$
Annual budget ni 12bn$

Ya Uganda ni 2.1bn$


Ya Rwanda ni 456mn$

Mkae huko mnyamaza lcd yenu!!!
Click to expand...

Hahahahahaaaaa!!! Duh!

Geza, achilia tu hapo nduuyangu.
 
Sammuel999 said:
Ya South Afri ni 40.2bn$
Annual budget ni 112bn$

Ya Egypt ni 36bn$
Annual budget ni 57bn$

Ya Nigeria ni 32bn$
Annual budget ni 22.1bn$

Ya Kenya ni 10.94bn$
Annual budget ni 25bn$

Ya Angola ni 8.78bn$
Annual Budget ni 17bn$

Ya Ghana ni 7.1bn$
Annual budget ni 14bn$

Ya Ethiopia ni 3.05bn$
Annual budget ni 10bn$

Ya Tanzania ni 3.31bn$
Annual budget ni 12bn$

Ya Uganda ni 2.1bn$


Ya Rwanda ni 456mn$

Mkae huko mnyamaza lcd yenu!!!
Click to expand...
Now hold on Sammuel999, hiyo $10billon imetoka wapi. Data (I hope not cooked) inasema ndio mko $8billion, sawa sawa na 5.5 months of import.



ed5e23da088ef14bbe1630ffd72df09b.jpg
 
Sammuel999 said:
Ya South Afri ni 40.2bn$
Annual budget ni 112bn$

Ya Egypt ni 36bn$
Annual budget ni 57bn$

Ya Nigeria ni 32bn$
Annual budget ni 22.1bn$

Ya Kenya ni 10.94bn$
Annual budget ni 25bn$

Ya Angola ni 8.78bn$
Annual Budget ni 17bn$

Ya Ghana ni 7.1bn$
Annual budget ni 14bn$

Ya Ethiopia ni 3.05bn$
Annual budget ni 10bn$

Ya Tanzania ni 3.31bn$
Annual budget ni 12bn$

Ya Uganda ni 2.1bn$


Ya Rwanda ni 456mn$

Mkae huko mnyamaza lcd yenu!!!
Click to expand...
umewapa kiboko cha maana sana...makofi kwako
 
Sammuel999 said:
Ya South Afri ni 40.2bn$
Annual budget ni 112bn$

Ya Egypt ni 36bn$
Annual budget ni 57bn$

Ya Nigeria ni 32bn$
Annual budget ni 22.1bn$

Ya Kenya ni 10.94bn$
Annual budget ni 25bn$

Ya Angola ni 8.78bn$
Annual Budget ni 17bn$

Ya Ghana ni 7.1bn$
Annual budget ni 14bn$

Ya Ethiopia ni 3.05bn$
Annual budget ni 10bn$

Ya Tanzania ni 3.31bn$
Annual budget ni 12bn$

Ya Uganda ni 2.1bn$


Ya Rwanda ni 456mn$

Mkae huko mnyamaza lcd yenu!!!
Click to expand...

Cooked data give us your source, Kenya budget has never been more than twice of Tz budget
 
Geza Ulole said:
Ironically it is stupidity of highest order to have a budget of $25 bln n have a deficit of over 40% on its implementation!
Click to expand...
Show me where there is a 40% deficit idiot!!!

Hyo ndio go to argument yako deficit kila wakati


Kuweka tu "facts" haziko kila mahali sio kuwa proper

2017/18 budget ilikuwa na deficit ya 6.28% = 0.52bn kshs of the 2.49trn kshs budget = 24.9bn$



Here are some of the facts we know so far about Kenya’s national budget for 2017/18.
The government plans to spend Ksh 2.49 trillion. It aims to raise Ksh 1.789 trillion in revenues, while projects grants are expected to increase by 14.3%. The overall budget deficit will amount to Ksh 0.52 billion.

The country will be in a contractionary fiscal policy phase, as the government plans to reduce fiscal deficit by 21.3% (resulting from a cut in development expenditure and an increase in estimated revenue).
Development expenditure will amount to 27.9% of the overall estimated budget of Ksh 2.29 trillion; this is less than the minimum 30% threshold provided by law.
Domestic sources will play a bigger role in 2017/18. They will finance 60.7% of the overall budget deficit and 58.7% of the development expenditure. Moreover, the government plans to increase net domestic borrowing by 12.4% (which is likely to put pressure on the domestic market).
Pressure to repay loans from commercial financing is greater in fiscal year 2017/18, when foreign repayment will jump by 242%, in line with an earlier IMF warning.


Stay in your poor lane idiot!

Sent from my SM-J105F using JamiiForums mobile app
 
Geza Ulole said:
Ironically it is stupidity of highest order to have a budget of $25 bln n have a deficit of over 40% on its implementation!
Click to expand...

Kumbe ndo mambo yao wanadanganya wananchi wa Kunya, lol. They know their people are arrogant fools obsessed with paper economy..
 
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