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Tag: defecits

Where have our reserves gone?

“Let me tell you the  truth, as spending increases significantly sooner or later taxes must go up too.”   Thus spake the PM in his National Day Rally Speech. Apart […]

The Truth about that IMF Loan

Yesterday I received confirmation from the President’s office that his permission had not been sought for our republic’s loan to the IMF. So now we know three things in addition to the recent confirmation by the President. […]

What’s up Doc?

012: What’s up Doc? Or who needs a carrot when you own the farm? In a report in the ST dated 5th Feb 2011*, PM Lee is quoted as saying, […]