You are here

BUDGET 2016: BALANCING THE BOOKS

NIRC swells to swing FY16 position to surplus of S$3.45b

Temasek contribution comes as government tackles short and medium-term challenges

BT_20160325_WLFYSIXTEEN25_2186688.jpg
GAME CHANGER: Net investment returns contribution (NIRC) this year, which starts incorporating contributions from Temasek, is projected to reach a historic high of S$14.7 billion, from FY2015’s S$9.9 billion.

NET returns from investments are boosting the Singapore government's efforts in lifting the economy out of challenging growth conditions.

Net investment returns contribution (NIRC) this year, which starts incorporating contributions from Temasek Holdings, is projected to reach a historic

sentifi.com

Market voices on:

Powered by GET.comGetCom