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Dawn: Creating a sovereign wealth fund

Pakistan may establish a sovereign wealth fund to manage its problematic state-owned enterprises, write Dr Kamal Munir, Reader in Strategy & Policy at Cambridge Judge Business School, and Baljeet K. Grewal, Executive MBA alumna (EMBA 2011) at the School. The new Pakistani government’s one-hundred-day plan “has a few intriguing ideas, but perhaps the most interesting one is the creation of a sovereign wealth fund to manage the problematic state-owned enterprises (SOEs) that continue to be a massive drain on the economy,” the article says.

Read the full article [dawn.com]