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Serious Singapore actually in deficit of $5.6 billion
An honorable member of the Coffee Shop Has Just Posted the Following:
but all thanks to Government’s top-ups to funds and Net Investment Returns Contribution from past reserves .... Do you know without Temasek and GIC contributing to the net investment return and Govt top-ups for our annual budget, we would be in deficit? Without it, there wouldn't be enough money for all the funds, subsidies and rebates we are enjoying today! Source: http://www.singaporebudget.gov.sg/bu...ech/pf.aspx#s2 Click here to view the whole thread at www.sammyboy.com. |
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