Israel’s wealth fund

The Tamar Partnership, extracting natural gas from Israel’s Tamar field, has begun making contributions to Israel’s Sovereign Wealth Fund. The fund ensures that some profits of Israel’s natural gas bonanza are spent on strategic projects for the nation’s benefit and will provide around $300 million a year.

https://www.timesofisrael.com/7-years-on-tamar-natural-gas-partners-make-1st-payment-to-national-wealth-fund/

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