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I saw a nice gov revenue/expenditure of Singapore here: https://www.reddit.com/r/singapore/comments/cdtf4i/singapore_goverment_revenue_and_expenditure_2018/ htt
by hendry 7y ago
I saw a nice gov revenue/expenditure of Singapore here:
https://www.reddit.com/r/singapore/comments/cdtf4i/singapore_goverment_revenue_and_expenditure_2018/ https://www.reddit.com/r/singapore/comments/cdtf4i/singapore...
Wish this UK one was in millions, not billions.
- smcl 7y agoThis is quite interesting, a sizeable chunk (roughly 16 out of 90 bil) come from "Investment returns" - I guess the SG government have substantial stakes in businesses operating there?
- kalleboo 7y agoYes, including banking, real estate, telco, public transit, media monopoly, port operations, and Singapore Airlines https://en.wikipedia.org/wiki/Temasek_Holdings https://en.wikipedia.org/wiki/Temasek_Holdings
- AdamGibbins 7y agoSee also https://en.wikipedia.org/wiki/GIC_Private_Limited https://en.wikipedia.org/wiki/GIC_Private_Limited