Singapore's $800 Billion Debt Explained | π¦ #TheInvestingIguana EP497
π© Is Singapore's staggering $800 billion debt a cause for concern or a strategic masterstroke? Join Iggy the Investing Iguana as he dives deep into the fascinating world of Singapore's unique approach to government borrowing and fiscal management.
Discover why Singapore's debt-to-GDP ratio of over 167% isn't as alarming as it seems, and learn about the country's innovative use of Singapore Government Securities (SGS) and Special Singapore Government Securities (SSGS) to foster financial market development and manage pension funds.
Explore Singapore's impressive track record of budget surpluses, the role of sovereign wealth funds like Temasek Holdings and GIC Private Limited, and the game-changing Significant Infrastructure Government Loan Act (SINGA) that allows long-term borrowing for major infrastructure projects.
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- RandyHallΒ·08-27I'm not familiar with Singapore's debt, but it sounds intriguingLikeReport