Sovereign Wealth Fund: The Path towards Stability and Growth

Sovereign Wealth Fund: The Path towards Stability and Growth

Ali Al-Tamimi

This paper proposes policy alternatives, specifically the establishment of a Sovereign Wealth Fund. This fund would reduce the dependence on oil as the main source of budget financing, stimulate the economy in the medium and long term, and diversify the economy by investing in neglected sectors such as industry and agriculture. Additionally, it would significantly reduce the use of public funds for political purposes by converting budget surpluses into the fund’s capital.

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