PRESIDENT'S CONCURRENCE WITH RESOLUTION ON GOVERNMENT SECURITIES

PRESIDENT'S CONCURRENCE WITH RESOLUTION ON GOVERNMENT SECURITIES: The President has on 30th November, 2009 concurred with the following resolution on Government Securities, passed by Parliament on 23rd November, 2009:

"That 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 that Act, a further sum not exceeding Seventy Thousand Million Singapore Dollars (S$70,000,000,000), thereby in total a sum not exceeding Three Hundred and Twenty Thousand Million Singapore Dollars (S$320,000,000.000)."

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