There is a ton of data available about the state of Singapore's finances. The starting place is: http://www.singaporebudget.gov.sg/budget_2015/home.aspx and the actual budget report: http://www.singaporebudget.gov.sg/data/ ... diture.pdfecureilx wrote:Heck, Citizens don't even know how much exactly is in SG Inc's reserves, just a number saying 260 billion ++ (apparently in the interest of the nation in case foreign powers can bring down SG Inc .. ), .....Barnsley wrote:Good luck with that.....martincymru wrote: Oh how I wish the govt. here would be brave enough to open that door just a little bit more.
Didnt they say "its not good for the citizens to know how many PR's there actually are" or something like that.
I will look for the quote and add
What gives they will let martincymru have information he seeks ??
Debt analysis is a bit trickier but there is lots of information. Singapore has a huge debt in terms of percentage of GDP: http://www.forbes.com/sites/mikepatton/ ... d-nations/
But, if you look at the budget it's mostly a pay as you go budget, unlike the USA for example where operating costs are financed via the deficit.
Singapore maintains such a large debt in order to make a market in government securities that sets a benchmark interest rate for other securities, and to provide a vehicle for CPF and other types of investments.
http://www.quora.com/Why-does-Singapore ... ublic-debt
Singapore's foreign reserves are found at the MAS website: http://www.mas.gov.sg/statistics/reserv ... erves.aspx
