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President Halimah briefed on projected investment returns

Council of Presidential Advisors also at meeting to determine how much of past reserves available for next Budget

Published Sun, Dec 8, 2019 · 09:50 PM

Singapore

PRESIDENT Halimah Yacob has been briefed by Deputy Prime Minister Heng Swee Keat and officials from the Ministry of Finance (MOF) on the government's proposed expected long-term real returns on its assets.

These projections would be used to determine how much it will be able to tap into the nation's past reserves for the next Budget.

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