National Fund For Hydrocarbon Reserves (Mauritania)
- National Fund For Hydrocarbon Reserves (Mauritania)
A sovereign wealth fund administered by the Banque Centrale de Mauritanie, the central bank of Mauritania. The National Fund for Hydrocarbon Reserves is funded by revenues that the government receives from companies extracting oil, royalties and taxes that oil companies must pay in order to operate in Mauritania, and from the profits made through the fund's investment activities.
The National Fund for Hydrocarbon Reserves was established in 2006, and seeks to create macroeconomic stability by setting aside oil and gas revenue for developmental projects. The fund's management practices are considered less transparent than those of other sovereign wealth funds.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Mining in Mauritania — Mauritania’s mineral sector was dominated by iron ore mining and benefciation. Other mineral commodities produced in the country included cement, copper, gold, gypsum, petroleum, salt, and steel. The Ministère des Mines et de l’Industrie was the… … Wikipedia
Petronas — For the Byzantine nobleman and general, see Petronas the Patrician. Not to be confused with the Brazilian oil company Petrobras. Petroliam Nasional Berhad (PETRONAS) Type Government owned corporation … Wikipedia
Economy of Morocco — 100 Moroccan dirham Rank 54th Currency Moroccan Dirham (MAD) … Wikipedia
Algeria — /al jear ee euh/, n. a republic in NW Africa: formerly comprised 13 departments of France; gained independence 1962. 29,830,370; 919,352 sq. mi. (2,381,122 sq. km). Cap.: Algiers. * * * Algeria Introduction Algeria Background: After a century of… … Universalium
environment — environmental, adj. environmentally, adv. /en vuy reuhn meuhnt, vuy euhrn /, n. 1. the aggregate of surrounding things, conditions, or influences; surroundings; milieu. 2. Ecol. the air, water, minerals, organisms, and all other external factors… … Universalium
Algeria — <p></p> <p></p> Introduction ::Algeria <p></p> Background: <p></p> After more than a century of rule by France, Algerians fought through much of the 1950s to achieve independence in 1962. Algeria s… … The World Factbook
Dates of 2004 — ▪ 2005 January It turns out we were all wrong, probably, in my judgment. David Kay, former U.S. chief weapons inspector in Iraq, in testimony to the U.S. Senate Armed Services Committee, January 28 January 1 Haitian Pres. Jean… … Universalium
Economy of Denmark — National Bank (central bank) of Denmark. Rank 46 Currency Danish krone (DKK, kr) … Wikipedia
Economy of Kenya — Rank 86th Currency Kenyan shilling (KES) Trade organizations CEN SAD, COMESA, EAC, WTO and others Sta … Wikipedia
Abu Dhabi — This article is about the city. For the emirate, see Abu Dhabi (emirate). Abu Dhabi أبوظبي Abū Dhabi City City of Abu Dhabi … Wikipedia
