The sovereign fund Saudi Arabia received a loss in $15,6 billion in 2022

Moscow. August 7. information agency "Interfaks" - Sovereign fund Saudi Arabia Public Investment Fund (PIF) in 2022 received a loss of $15,6 billion, is spoken in reportings. This indicator includes losses from investments for the sum of $11 billion, and also expenses on implementation activity, payment taxes and other expenses. The fund strongly suffered from falling of cost of investments in technological funds. So, for example, the loss of Vision Fund of Japanese SoftBank Group COR Group supported also by Saudi Arabia and Abu Dhabi, past year was record and made $32 billion, reports information agency "Bloomberg". Following the results of 2021...