Jamus Lim on Government Securities and Treasury Bills
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Jamus Lim on Government Securities and Treasury Bills(Updated: )
In Parliament on Tuesday (Jan 5), MP Jamus Lim sought clarification on the underlying assumptions behind the requested increase of S$270 billion in issuance of Government Securities. He asked what projections for GDP growth numbers were used to derive this rise in the ceiling, pointing to “substantial uncertainty” over the way the economy will evolve in the next few years. Assoc Prof Lim also queried if this was a good time to be borrowing more.