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Libya's sovereign wealth fund to invest in bourse, set up budget reserve fund
The Libyan Investment Authority (LIA), the oil producer's sovereign wealth fund, plans to invest billions of dollars in the local stock market to help fund badly needed infrastructure projects, its new head said in a interview. Chairman Abdulmagid Breish also said the LIA, which owns assets worth $66 billion, plans…
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Click here to read the full story: Reuters