SOVEREIGN WEALTH FUND SPARKS DEBATE OVER GOVERNANCE AND RISKS

SOVEREIGN WEALTH FUND SPARKS DEBATE OVER GOVERNANCE AND RISKS

A new Sovereign Wealth Fund designed to bolster Saint Lucia’s climate resilience and economic future continues to stir debate. The government touts it as a game-changer for sustainable development, but the opposition warns of potential risks, questioning its funding source and oversight. The bill, debated in the lower house on Tuesday, has sparked concerns over governance and financial transparency.

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