To be fair we have suffered close to $30B in GIC/Temasek losses. So we need to tighten our belts. After all remember that our Gov budget is only around $30B of which $10B used to be defense related.
So actually Gov only spends $20B on us and losses were more than $30B so die die must tighten belt.
The budget is a prudent one given the losses.
So actually Gov only spends $20B on us and losses were more than $30B so die die must tighten belt.
The budget is a prudent one given the losses.