Forbes.com, 18 Jan 2009, Reuters
SINGAPORE, Jan 19 (Reuters) - Singapore is considering dipping into its foreign reserves for the first time to help tackle an economic slump, the Business Times newspaper reported on Monday, quoting a senior goverment official.
Senior Minister Goh Chok Tong said that Prime Minister Lee Hsien Loong and Finance Minister Tharman Shanmugaratnam are considering whether to make the move, after a plunge in Singapore's trade pointed to a gloomier economic picture.
Read More
Related News:
Singapore considers tapping reserves amid recession-report - Reuters India, 19 Jan 09
Singapore mulls the use of national reserves to tackle recession - Earthtimes, 19 Jan 09
Singapore eyes rainy-day money - The Malaysian Insider, 19 Jan 09
Recession-hit Singapore could tap sovereign wealth funds: report - AFP
UPDATE 1-S'pore considers tapping reserves amid recession - Guardian.co.uk, 19 Jan 09
Singapore may tap reserves amid recession - Financial Times, 19 Jan 09
