Min of Finance said our national debt is US$1.7 trillion
https://www.mof.gov.sg/news-publica...re-have-an-external-debt-of-US1-766-trillion-
Most of these debts were issued long ago, so most of them cost less than 3%pa.
Assuming
(a low gauge) that we pay on average 3%pa a year when all these debts renew at new interest rates in the years ahead, we have to pay about US$50billion of annual interests.
Divide by population of 5million, it is about
US$10000 per Singaporean (including every child) in interests-payable every year.
US$10000 per year, is about S$1000 per month per Singaporean.
To raise these $$$ for our interest burden, we will have to sell more state lands, eg keppel road PSA area, increase GST, up property taxes, etc