How does the Govt manage Spore’s finances?

TNP ILLUSTRATION: Simon Ang

LIKE most countries in the world, Singapore funds the day-to-day running of the country through taxation.

But Singapore is in an enviable position as Budget surpluses over the years have allowed it to build up substantial reserves.

The New Paper's Lediati Tan speaks to various experts in the finance industry and finds out how the government manages Singapore's finances.