Saktiandi Supaat on Significant Infrastructure Government Loan Bill
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Saktiandi Supaat on Significant Infrastructure Government Loan Bill(Updated: )
In Parliament on Monday (May 10), MP Saktiandi Supaat asked if the Government has considered plausible worst-case scenarios in tapping the bond market over the long term to finance infrastructure spending. He asked how the annual interest payment cap of S$5 billion was derived and if there should be a buffer in case interest rates rise sharply. He also wanted to know how the borrowing might impact Government fiscal policy options in times of extreme crisis and, in issuing the bonds, what the baseline economic assumptions will be and how supply will be calibrated to demand.