President's Concurrence with Resolution on Treasury Bills

Debated in Parliament on 1 Feb 2021.

Summary written by AI (learn more)

Parliament passed a resolution authorizing the Minister for Finance to borrow up to S$45 billion in Treasury Bills under the Local Treasury Bills Act.
This borrowing brings the total authorized amount to S$105 billion, in line with Article 144(1)(a) of the Singapore Constitution.
The President concurred with the resolution on 25 January 2021, following its passage by Parliament on 5 January 2021.

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Full Transcript

The President has on 25 January 2021 concurred with the following resolution on Treasury Bills, 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 3(1) of the Local Treasury Bills Act (Chapter 167 of the 2002 Revised Edition), resolves that the Minister for Finance be authorised to borrow, by the issue of Treasury Bills in Singapore under that Act, a further sum not exceeding Forty-five Thousand Million Singapore Dollars (S$45,000,000,000), thereby in total a sum not exceeding One Hundred and Five Thousand Million Singapore Dollars (S$105,000,000,000)."

[Mr Speaker in the Chair]

President's Concurrence with Resolution on Treasury Bills | PAPERCUTS

President's Concurrence with Resolution on Treasury Bills

Debated in Parliament on 1 Feb 2021.

Summary written by AI (learn more)

Parliament passed a resolution authorizing the Minister for Finance to borrow up to S$45 billion in Treasury Bills under the Local Treasury Bills Act.
This borrowing brings the total authorized amount to S$105 billion, in line with Article 144(1)(a) of the Singapore Constitution.
The President concurred with the resolution on 25 January 2021, following its passage by Parliament on 5 January 2021.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Full Transcript

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

President's Concurrence with Resolution on Treasury Bills

Summary

Questions Identified

Full Transcript

[Mr Speaker in the Chair]

Summary

Questions Identified

President's Concurrence with Resolution on Treasury Bills

Summary

Questions Identified

Full Transcript

[Mr Speaker in the Chair]

Summary

Questions Identified