"Exploring Sovereign Wealth Funds: A Strategic Opportunity for Saint Lucia?"

Sovereign Wealth Funds (SWFs) originated in 1953 with Kuwait's establishment of the Kuwait Investment Authority. Evolving from simple savings to strategic investments, SWFs now manage over $13 trillion globally. Saint Lucia's recent approval of its SWF signifies a pivotal economic shift, aiming for sustainable development and national resilience in a challenging fiscal landscape.