Motion

President's Concurrence with Resolution on Government Securities

Transcript

The President has on 25 January 2021 concurred with the following resolution on Government Securities, passed by Parliament on 5 January 2021:

"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 121 A 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 and Seventy Thousand Million Singapore Dollars (S$270,000,000,000), thereby in total a sum not exceeding Nine Hundred and Sixty Thousand Million Singapore Dollars ($960,000,000,000)."