Posted inAlaska Legislature, News, Permanent Fund Dividend, Politics, State Government, Statewide

Alaska Permanent Fund Corp. leaders approve proposal to borrow up to $4 billion for investments

The leaders of the $76 billion Alaska Permanent Fund voted unanimously on Friday to adopt a strategic plan that calls for borrowing up to $4 billion in order to increase the amount of money available for investments. Friday’s vote has limited effect: The borrowing could take place only if the Alaska Legislature and Gov. Mike […]