Singapore’s historical low fertility rate not worrying yet
News analysis: Singapore's historical low fertility rate not worrying yet, with clearer signs to come for Year of the Dragon- Today online, 25 February 2023. Today online quoted the above statement from 2 professors, NUS and SMU. I will be straight talking. I cling and even despise their intellectual ignorance and naviety at...
Who Precisely Are We Safeguarding the Reserves For?
In Parliament on Friday Indranee Rajah reiterated like a broken record the constant PAP refrain that we need more immigrants and new citizens, using the hook that TFR has now fallen to 1.05. In the best PAP traditions of ensuring that anything must be due to factors beyond the Government’s control while anything good is the...
Net investment return contribution (NIRC)
1. The Net Investment Return Contribution (NIRC) in Singapore is a portion of the investment returns from the country's reserves that the government uses to fund its annual budget. It was introduced in 2009 and is calculated as a percentage of the net investment returns of the Singapore government's past reserves. Under the...
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