Issuing 30-year bonds to raise money for current spending possible, say researchers | Video

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Singapore

Issuing 30-year bonds to raise money for current spending possible, say researchers | Video

(Updated: )

Issuing 30-year bonds to raise billions over five years to pay for Singapore's development needs – the Institute of Policy Studies says that is one way the Government can get over the financial strain of COVID-19. That is with more social spending but much less future tax revenue. But economists say kicking such a huge debt down the road may not be the best idea. Low Minmin reports. 

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