Motion
President's Concurrence with Resolution on Government Securities
Ministry of FinanceTranscript
The President has on 23 November 2016 concurred with the following resolution on Government Securities, passed by Parliament on 10 November 2016:
"That this Parliament, in accordance with Article 144(1)(a) of the Constitution of the Republic of Singapore and section 11(1) of the Government Securities Act (Chapter 121A of the 2014 Revised Edition), resolves that the Minister for Finance be authorised to borrow, by the issue of Government Securities in Singapore under that Act, a further sum not exceeding Two Hundred Thousand Million Singapore Dollars (S$200,000,000,000), thereby in total a sum not exceeding Six Hundred and Ninety Thousand Million Singapore Dollars (S$690,000,000,000)."
[Mdm Speaker in the Chair]