President's Concurrence with Resolution on Government Securities

The President has on 2 May 2012 concurred with the following resolution on Government Securities, passed by Parliament on 9 April 2012:

"That this Parliament, in accordance with Article 144(1)(a) of the Constitution of the Republic of Singapore and section 11(1) of the Government Securities Act (Chapter 121A of the 2002 Revised Edition), resolves that the Minister for Finance be authorised to borrow, by the issue of Government Securities in Singapore under the Act, a further sum not exceeding One Hundred and Seventy Thousand Million Singapore Dollars (S$170,000,000,000), thereby in total a sum not exceeding Four Hundred and Ninety Thousand Million Singapore Dollars (S$490,000,000,000)."

[Mr Speaker in the Chair]

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