Temasek Annual Report 2013

‘2009 News--Government will be able to issue more securities like bonds, after Parliament approved raising the limit of its borrowings from $250 billion to $320 billion.

This motion to increase the limit was passed yesterday.

Explaining the need for a higher amount, Second Finance Minister Lim Hwee Hua said the Government is close to reaching the current ceiling of $250 billion, with more