Why can’t the size of our reserves be revealed?
The size of the people’s reserves are a matter of great speculation. The total size of Singapore’s total reserves is a state secret but estimated by most analysts to exceed the $1 trillion mark; the figure being pieced together through the Government’s official statement of assets and liabilities in the Finance Minister’s...
Heng Swee Keat’s Truly Terrifying Slip About Our Reserves
Heng Swee Keat has chosen not to reply to my open letter of Friday which I think we can all agree is very rude and speaks volumes about the Government’s determination to bully its citizens rather than show the slightest degree of openness and transparency. Nor has he issued me with a POFMA. Presumably because he is too afraid...
Parliamentary Debate 6 Apr 20
I applaud MP Pritam Singh’s boldness in pressing for answers from a clueless DPM, on the state of our reserves and rightly pointed out that all elected MPs are equal custodians of the coffers. [ LINK ] I felt that DPM’s arguments and comparisons on not revealing the exact health of our reserves are not only fundamentally...
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