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TR EMERITUS

Untold Hard Truths From Around The World

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Archive for the ‘Policies’ Category

The strange case of the missing $18b in ‘Contingencies Funds’

In this article in May, I pointed out that $18bn was in “Contingencies Funds” in the then latest “Fortitude Budget”. So when I first heard about the latest $8bn in corporate welfare (OK, OK there’s trickle down to the plebs), I tot “Only $5bn left leh”. But then I learnt Fresh S$8b Covid-19 measures funded in...

Govt not dipping further into our national reserves to fund its 5th $8 billion supplementary budget

I applaud the government for not dipping further into our national reserves to fund its 5th $8 billion supplementary budget. It was reported that civil servants will not be getting their mid year bonus and its super scale grade public officers will take a one time pay cut of either 0.5 month or 1month. Having the discipline...

Temasek and GIC should not conceal public information

Philip Ang Read More →

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