Alternative Financial Backstop if Sponsorships for World Aquatics Championships Fall Short of Target

Mr Gerald Giam Yean Song asked the Minister for Culture, Community and Youth (a) whether the Government will act as a financial backstop if sponsorships for hosting the 2025 World Aquatics Championships in Singapore fall short of the intended amount; (b) whether the Government has set a sponsorship target for the organisers; and (c) how are the organisers held accountable for securing sponsorships to minimise public expenditure.

The Senior Parliamentary Secretary for the Ministry of Culture, Community and Youth Eric Chua has addressed Oral Parliamentary Question Nos 2 and 3 in Parliament yesterday. Mr Gerald Giam may wish to refer to the response then. [Please refer to "Government Spending on 2025 World Aquatics Championships Versus Benefits and Sponsorships Generated", Official Report, 27 February 2025, Vol 95, Issue 154, Oral Answers to Questions section.]