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Norwegian wealth fund gets reprieve as recovery curbs withdrawals

Friday, May 12, 2017 - 05:50

Oslo

THE Norwegian government cut expected withdrawals this year from its US$930 billion wealth fund by 41 per cent as an economic recovery gathers pace in western Europe's largest crude producer.

The centre-right coalition aims to withdraw 71.5 billion kroner (S$11.7 billion) from

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