Thu, Apr 24, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Reserve Currencies

Singapore may have to tap reserves again: minister

Posted on 06 February 2009

From AFP: Singapore, which has announced an unprecedented dip into its vast national savings, may have to tap them again if the economy worsens, Finance Minister Tharman Shanmugaratnam said Thursday.

“This is a crisis that will be long drawn out,” Shanmugaratnam said in parliament. “I am raising this (possibility) not because we know we are going to do it or because we are committed to doing it, but this is realistically the assessment.”…. Full Article: Source


 Article link

This post was written by:

VRS - who has written 13926 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930