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S'pore must resist borrowing for recurrent expenditure: Heng


The Straits Times
Choo Yun Ting
https://str.sg/JVGe
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While Singapore will look to borrow for long-term infrastructure, it has to resist doing so for recurrent expenditure. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110808:08:12:00

To react to the downgrade? do you think the downgrade will cause interest rates to rise for the treasury, our government borrowing debt and filtering down to somebody who wants a home mortgage or a car loan? tel aviv stock market gives a good early indication, at least the initial reaction of markets. s&p downgrade injects further uncertainy into the markets, markets hate uncertainy. i don t expect we ll pay more for interest rates. the downgrade was an symbolic and psychological event, an important one. usually what the s&p gentleman said it is a meaningful indicator of credit risk. u.s. is not a worse credit risk now than two weeks ago. we can print money and our fiscal situation has not changed in the last couple weeks but made a move to make it better. chris: i want to get back to the market side what people are focusing on immediately. wall street had a bad week ....

Stock Market , Interest Rates , Tel Aviv , Government Borrowing Debt , Car Loan , Home Mortgage , Markets Hate Uncertainy , Sp Downgrade , Credit Risk , Wall Street , Market Side ,

Detailed text transcripts for TV channel - FOXNEWS - 20110808:06:12:00

To react to the downgrade? do you think the downgrade will cause interest rates to rise for the treasury, our government borrowing debt and filtering down to somebody who wants a home mortgage or a car loan? tel aviv stock market gives a good early indication, at least the initial reaction of markets. s&p downgrade injects further uncertainy into the markets, markets hate uncertainy. i don t expect we ll pay more for interest rates. the downgrade was an symbolic and psychological event, an important one. usually what the s&p gentleman said it is a meaningful indicator of credit risk. u.s. is not a worse credit risk now than two weeks ago. we can print money and our fiscal situation has not changed in the last couple weeks but made a move to make it better. chris: i want to get back to the market side what people are focusing on immediately. wall street had a bad week ....

Stock Market , Interest Rates , Tel Aviv , Government Borrowing Debt , Car Loan , Home Mortgage , Markets Hate Uncertainy , Sp Downgrade , Credit Risk , Wall Street , Market Side ,