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Budget 2021 debate: Jamus Lim on financial assistance and debt financing

Exercise an "abundance of caution" when it comes to tapering financial assistance for families, workers and companies. MP Jamus Lim, who made this call in Parliament on Thursday (Feb 25), said he would rather over-extend than under-shoot short-term support. He also said Singapore should not rule out the possibility of further extending the maturity of debt issued to lock in the current favourable low rates for a much longer period, as befitting truly long-term projects. He also said it is important to benchmark the speed of debt issuance against prevailing growth conditions.

Budget 2021 debate: Jamus Lim on financial assistance and debt financing

25 Feb 2021 02:18pm
Exercise an "abundance of caution" when it comes to tapering financial assistance for families, workers and companies. MP Jamus Lim, who made this call in Parliament on Thursday (Feb 25), said he would rather over-extend than under-shoot short-term support. He also said Singapore should not rule out the possibility of further extending the maturity of debt issued to lock in the current favourable low rates for a much longer period, as befitting truly long-term projects. He also said it is important to benchmark the speed of debt issuance against prevailing growth conditions.

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