Derrick Goh on Significant Infrastructure Government Loan Bill

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Derrick Goh on Significant Infrastructure Government Loan Bill

(Updated: )

In Parliament on Monday (May 10), MP Derrick Goh welcomed safeguards built into the Significant Infrastructure Government Loan Bill, such as precise definitions of "infrastructure project" and "qualifying capital expenditure". However, he asked how the Government will hedge the interest rate risk, given future unpredictability of interest rate trends. Mr Goh also noted that the issuance of SINGA bonds will enhance Singapore’s position as an international financial market.

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