| Some of Singapore's reserves are set aside for the future, but a portion of the earnings and returns generated are spent on the present generation, Temasek Holdings chief executive Ho Ching said in a Facebook note explaining how the Republic manages its reserves.
In the note posted on Monday morning, Ms Ho said that this is a way of ensuring fair sharing between generations and has helped Singapore maintain its position among the world's few triple-A credit rated countries..............................................Full Article: Source
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