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石油收入稳定基金管理:发展政策框架Managing Oil Revenue Stabilization Funds A Framework for Developing Policies 石油收入稳定基金管理:发展政策框架Managing Oil Revenue Stabilization Funds A Framework for Developing Policies

石油收入稳定基金管理:发展政策框架Managing Oil Revenue Stabilization Funds A Framework for Developing Policies

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  • 更新时间:2021-09-17
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石油收入稳定基金为石油收入波动提供短期保护——沙特政府在沙特阿拉伯货币管理局(SAMA)的存款和储备在历史上一直作为缓冲,使政府预算免受石油收入波动的影响。相比之下,主权财富基金为后代创造收入,以取代可消耗资源的收入来源——这是沙特公共投资基金的目的之一。

Oil revenue stabilization funds provide short-run protection against oil revenue fluctuations – in the way that Saudi government deposits and reserve at the Saudi Arabian Monetary Authority (SAMA) have historically served as a buffer to decouple government budget from oil revenue fluctuations. By contrast, sovereign wealth funds create income for future generations to replace revenue streams from depletable resources – one of the purposes of Saudi Arabia’s Public Investment Fund.

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