[Scythian]

So much $$$

Where the $$$ come from?

[Scythian]

How Bloomberg knows these when our president unable to know it 

During this pandemic, President is keeping a safe distance inside The Istana away from general public..

[Teeth53]

then gov should give those silver handout
increase to 500 a month instead 240

......

[Teeth53]

Hope d monies b prudently manage 

S$240.......?. To poor?.

[Teeth53]

CPF savings  = >  MAS. = >  GIC

Parliament on Tuesday passed a bill allowing the Monetary Authority of Singapore to buy a new type of non-marketable security issued by the government, known as Reserves Management Government Securities. 

The new mechanism will be used to bring down the level of foreign reserves held by the central bank — currently about S$566 billion (US$419 billion) — to a rate equal to 65% to 75% of gross domestic product. The rest would be run by GIC.

[Galilo_l]

S$240.......?. To poor?.

To South Asia 

[Bluebull]

If they are having so much money it is inefficient to hold why isn't it given out to poor Singaporeans and those who lost their jobs?

Why tax us in the first place?
The poor pays the same % GST as the rich