The Straits Times-Apr 9

Since 2018, the Government has been exploring the option of borrowing to fund large long-term infrastructure projects. It has now proposed a Significant Infrastructure Government Loan Act (Singa) which sets out the framework for such borrowing. This is a timely initiative and a necessary departure from the past practice of funding infrastructure development from recurrent revenues for at least three reasons.

Read more at: https://www.straitstimes.com/opinion/st-editorial/right-funding-for-long-term-infrastructure