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1 Aug 2012, 4.47PM
4 comments & replies |by Guest | Other Hot Issues
It was reported in the papers that Singapore will extend a loan of SGD 5 million to IMF to help in the Eurozone bailout.

Singapore being an IMF member is obligated to help but I think the amount should not be too much.
While Singaporeans are suffering at home, the government should do more to help its own citizens.

Furthermore, Singapore is only a small country
446 views  |  4 comments & replies  | 
Guest
1 Aug 2012, 5.14PM
OPPS!!   SORRY TYPPO ERROR

IT SHOULD BE  SGD $5 BILLION
Guest
1 Aug 2012, 9.53PM
Helping the IMF is helping the citizens.

What good do we gain if Eurozone falls? You want everyone to lose job? 
Guest
2 Aug 2012, 5.02PM
Helping IMF and hleping citizens are two very different issues.
Eurozone crisis Singapore will not be able to help but do our little part.
Maybe a figure like SGD 1 million will suffice (not SGD 5 billion) as Singapore is so small in size as compared to USA or China.
It was also reported that USA and China are not contributing a single cent to IMF to help.
I am not sure if this is correct????

Maybe someone who knows can alighten us on this.
Guest
6 Aug 2012, 4.03PM
Just Google IMF Wikipedia.
China just confirmed their contributions a few days ago. 

Fat MaMa
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