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If u see sinkapore official reserves has not even change much over the last 15 years. Under gct also 300 billion sgd. After fed printed so much still same amount.
I am taking clue from this decision:
http://www.businesstimes.com.sg/real-estate/lippo-to-shift-reits-from-singapore-to-indonesia-ceo
It only scratches the surface but if Jokowi offers full amnesty for offshore indonesian funds, the money repatriated back from sg might be worth a GIC.