Wondering about all these 5 year plans dished out as CARROTS during this GE.
Are they cast in stone that has been budgeted and approved for spending, or it's just nothing more than a plan, ie. after elections, can say no money, do half fuck job or even cancel.
Singapore already spent 100 billions in reserves in Covid relief measures.
Economy is going into recession.
Temasek is not going to make as much money as before
Tax collection will slow with slower economic growth
Where's the money to finance all these dreamy 5 year plans coming from?
If it's just a plan with no finance approved commitment, it's sort of a misrepresentation to the electorate, isn't it?
Are they cast in stone that has been budgeted and approved for spending, or it's just nothing more than a plan, ie. after elections, can say no money, do half fuck job or even cancel.
Singapore already spent 100 billions in reserves in Covid relief measures.
Economy is going into recession.
Temasek is not going to make as much money as before
Tax collection will slow with slower economic growth
Where's the money to finance all these dreamy 5 year plans coming from?
If it's just a plan with no finance approved commitment, it's sort of a misrepresentation to the electorate, isn't it?