With 5.3 million Norwegian, that equates to $198k per capita. Impressive.
Also: "Since 1998 the fund has generated an annual return of 5.5 percent".
Well done Norway, and well done Farouk al-Kasim.
What a pity that the Iraqi government didn't let him run a similar scheme for the Iraqi oil. Things would be much different today.
With 5.3 million Norwegian, that equates to $198k per capita. Impressive.
Also: "Since 1998 the fund has generated an annual return of 5.5 percent".
Well done Norway, and well done Farouk al-Kasim.
What a pity that the Iraqi government didn't let him run a similar scheme for the Iraqi oil. Things would be much different today.