Impact of Fall in Government Revenue on Decisions on Infrastructure Projects and Borrowings

Mr Murali Pillai asked the Deputy Prime Minister and Minister for Finance in light of the current contraction of the global and Singapore's economies leading to an expected fall in Government revenue (a) whether there will be any delay or cancellation of the local major infrastructural investments that the Government has committed to date and, if so, what are the details; and (b) whether the Government anticipates increased borrowings or issuance of bonds to fund the infrastructural investments on projects that it is committed to complete.

The Second Minister for Finance (Ms Indranee Rajah) (for the Deputy Prime Minister and Minister for Finance): Mr Speaker, may we have your permission to provide the answer to this in Deputy Prime Minister's round-up speech because he will be addressing the content and substance of this Parliamentary Question in his round-up?

Mr Speaker: Proceed.