Sovereign wealth fund would lessen risk of Dutch disease: Bank of Israel
An excerpt from the Bank of Israel's upcoming Annual Report says the creation of a sovereign wealth fund to manage natural gas proceeds could mitigate the risk of a Dutch disease in Israel.
Two large natural gas reservoirs – Tamar and Leviathan – were recently discovered off Israel's northern coast. The Bank of Israel said the gas fields are expected to double the scale of replacement after 2015 providing enough natural gas to meet Israel's demands and could even lead to the commodity being
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