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GPF’s 2016 return on investment outpaces inflation at 5.1%

May 29. 2017
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By The Nation

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The Government Pension Fund (GPF) announced at its members meeting on Monday that the fund’s return on investment came in at 5.1 per cent last year, higher than the country’s 2016 inflation rate of 3.97 per cent. 

Somchai Sujjapongse, permanent secretary of the Finance Ministry and chairman of the GPF, told the meeting that as of December 31, the fund had net assets of Bt769.76 billion and a net annual return Bt30.49 billion.

The GPF’s average net return on investment since the fund’s establishment is 6.61 per cent, he added.

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