NEGOTIATIONS ON COMMON CURRENCY (Request for statement)

Mr Lim Cheng Lock asked the Minister for Finance if he will make a statement on (a) what transpired in the negotiations on a common currency; (b) why no agreement was reached in the course of those negotiations; and (c) the position of currency in Singapore after the 12th June, 1967.

Mr Lim Kim San: Mr Speaker, Sir, I will be making a statement later on to the House which will answer all the queries raised by the Member for River Valley.

Mr Speaker: Does that satisfy the Member for River Valley?

Mr Lim Cheng Lock (River Valley): For the time being, yes.