Committee of Supply 2026 debate, Day 1: Edward Chia on reserves, disbursement and procurement
In parliament on Thursday (Feb 26), MP Edward Chia spoke on two areas under the Ministry of Finance’s purview. He wanted to know if there is scope for stronger shared support to help smaller statutory boards achieve better risk-adjusted returns while preserving their autonomy and mandates. He also addressed grant disbursement timelines that directly impact businesses’ cash flow. Speaking on government procurement practices, he urged the ministry to consider moving towards milestone or progressive payments as a default for larger government projects.
In parliament on Thursday (Feb 26), MP Edward Chia spoke on two areas under the Ministry of Finance’s purview. He wanted to know if there is scope for stronger shared support to help smaller statutory boards achieve better risk-adjusted returns while preserving their autonomy and mandates. He also addressed grant disbursement timelines that directly impact businesses’ cash flow. Speaking on government procurement practices, he urged the ministry to consider moving towards milestone or progressive payments as a default for larger government projects.
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