Quote from Ndubuisi Ekekwe on May 8, 2020, 6:03 PM

Lucky Norway plans to liquidate some of its investments to fund some government programs related to Covid-19 interventions. Norway has the world's largest sovereign wealth fund, at $1 trillion. Nigeria will be full of jealousy for this playbook.

Norway's sovereign wealth fund—at $1 trillion, the world's largest—is going to have to make the unprecedented move of liquidating some of its assets in order to cover withdrawals by the country's government. Such are the demand of the current crisis. Norges Bank Governor Oystein Olsen, who oversees the fund: "It obviously is a positive feature of our society that we have this room to maneuver, unlike a number of other countries." (Fortune)