3 big lies about national reserves

Reference:

Prolific skins

THREE BIG LIES ABOUT THE NATIONAL RESERVES THAT YOU SHOULD KNOW ABOUT

3 Aug 2022

https://www.prolificskins.com/forum/current-affairs/three-big-lies-about-the-national-reserves-that-you-should-know-about

  • S$108b from net increase in securities issued (issuance less redemptions)
  • S$75b new RMGS issued (for MAS forex reserves transferred to GIC)
  • S$13b from sales of land
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