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Norway's 2 trillion oil dollar fund
Nov 18 2024
Length: 12 mins
Podcast

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Norway's 2 trillion oil dollar fund

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Summary
One of the world's largest investors, Norway's sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country's oil and gas sector. To date, the fund has put money in more than 8,700 companies in over 70 countries around the world.At end of the first half of 2024, the fund's market value was 17,745 billion kroner. More than half of the fund's value is return on the investments, and totaled to 10,070 billion kroner. 4,886 billion kroner was net inflows from the government and 2,789 billion kroner came from currency

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