Report: Alaska's permanent fund a model for other states
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JUNEAU – Researchers are recommending other states look to Alaska’s Permanent Fund to learn how to grow funds supported by natural resource extraction.
The Pew Charitable Trust recently released a national study focusing on seven
states that have funds from extraction revenue, which the report describes as “sovereign wealth funds”' KTOO-FM reports.
The report said Alaska is one of only two state funds with a purpose well-defined by state law. It also identified Alaska as one of only three states that don't allow withdrawals from the fund principal.
“It's an outstanding example of a government...
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