Comment on Singapore's Unique Monetary PolicyComments−JSR_FDED1moSingapore also has an interesting public debt of 170% of GDP, yet has AAA credit rating. They don’t borrow to cover government spending, but they invest at a higher return than the interest.
Comments
Singapore also has an interesting public debt of 170% of GDP, yet has AAA credit rating. They don’t borrow to cover government spending, but they invest at a higher return than the interest.