TR EMERITUS

In my earlier blogpost on healthcare funding, I highlighted that our government spending on healthcare is the lowest among the advanced economies in East Asia and Scandinavia, including Hong Kong, South Korea, Taiwan, Japan, Denmark, Norway and Sweden. The chart below shows that Singapore government spending on healthcare... 

I refer to the article “Singapore’s creative Budget accounting“ (TR Emeritus, Feb 22). IMF fiscal reporting guidelines? It states that “ If the budget complies with the standards of the International Monetary Fund it would show a SURPLUS of well over $10 billion (2.5% of GDP).” 2012 surplus no longer in report? In... 

Dear Tharman, 1) I find it remarkable that the entire $8b Pioneer Package can be single-handedly financed in just one single year (FY14) budget, without breaking a sweat. To put it in perspective, this $8bn is the estimated sum of the multi-year benefits to be provided to some 450,000 Singaporeans FOR THE REST OF THE LIFE....