A team of officials from a Canadian university will be in Guyana next month to explore and finalise aspects of the Sovereign Wealth Fund (SWF) the government plans to set up, according to Minister of Governance Raphael Trotman.
Asked for an update on the SWF during a post cabinet press briefing yesterday, Trotman said that the Canadians have used their good offices to allow Guyana to benefit from the processes and the expertise available at the University of Calgary in Alberta.
He said that later in the month of November a team is coming from the University with the specific responsibility of commencing the putting together of the mechanism for what “we loosely refer to as a sovereign wealth fund”. He reminded that the intention of the fund is to