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Tag: IMF

What is the Real Surplus?

It appears that our Budget Cash Surplus has fallen off a cliff.  The Budget Cash Surplus for FY2012,  which was shown as  $36.1 billion a year ago, is now stated […]

An Open Letter to the Minister of Finance

20 February 2014 An Open Letter to the Minister for Finance Mr. Tharman Shanmuguratnam Ministry of Finance 100 High Street #10-01 The Treasury Singapore 179434 Dear Minister, You recently called […]

MOF Tharman World Bank Bombshell

In October 2013 the Court of Appeal dismissed my argument that the PAP government’s US$4 billion line of credit to the IMF needed Parliamentary and Presidential approval as required under […]