Singapore is blessed to have PM Lee who is a visionary. He has explained the reserves very well and he has been transparent about the creation and management of it. Not many world leaders can articulate as clearly as PM Lee. I am proud of his leadership.

There is no perfect Government in the world. But as a Singaporean, I am very grateful and counting my blessings that we have a good and strong Government. Essential items like, Public Housing, Water, electricity, Education, Healthcare, Security, transportation, Communication are well in placed. It’s not perfect, but I am very grateful.

I was born here and lived here all my life.I can only say thank you to LKY and the PAP government. Singaporean lives may not be a bed of roses as we faced threats from the outside world daily but at least we have the necessity to survive. Our forefathers have it worse...my dad went through the Second World War as a kid and he can testify the importance to be self reliant as a country. Love your country and your home and lives will be blessed

I am really glad that Mr Lee is my PM. Singapore is really blessed.

We have Mr Goh Keng Swee to thank for our strong reserves.(Mr Lee Kuan Yew strongly supported him).

Few world leaders compare to him. His extensive knowledge and seamless coordination with ministers across various ministries are truly remarkable. Singapore is incredibly fortunate to have him and the PMs before him.

Our forefathers were frugal and saved for future generations. We mustn't waste but cherish our forefathers hard work.

I trusted my Singaporean and I believe my Government know it's roles and will protect all Singaporean.... I really appreciate your hardworks behind the scenes and definitely support your moves as long Singaporean are protected.

How clear his visions are. Not just reserves , there are life lessons too.

I urge CNA to do an in-depth analysis of Mr Goh Keng Swee's contribution to Singapore

This video is important not just to educate the populace. But also for correcting the views of some presidential candidates.

i love the way PM speaks about reserves, it’s the same like saving personally.

Dear PM Lee, I am so very grateful for the brilliance of Administration and Infrastructure from all the hardwork, diligence, honesty of your PAP GOVERNMENT and you. My family and I are so proud to be Singaporeans. God Bless Singapore Majullah Singapore❤

Great PM, superb leadership and wisdom, you name a few more. Fortunately, we are lucky to have such leader. People need to understand what are the government’s plans that you all will be benefited and the nation to be stronger too. Phenomenon!

I am not a Singaporean but I used to receive my education there, i have to say Singaporeans need to be grateful and appreciate having such a great government. Dare I say there is no government or country in this world that is anywhere this efficient, GIC/TH/CPF altogether have more than USD1.5 trillion of reserves, only China has more, but Singapore has no debt, and that is unbelievable for a small island to achieve this. For those who do not appreciate how fortunate you are, you are free to move out, because there are lots of people who are happy to move in.

Mr Ong Teng Cheong, forever the people's president. Singaporeans welfare and future is always on his mind.

Proud to be a Singaporean. Proud of Singapore and proud of our PM and team.

Thank you PM Lee. We are truly grateful to you, your team and our forefathers. Deeply appreciative of your wisdom, foresight and love for our nation. Ps. You are looking great in this fantastic CNA interview.

A very prudent prime minister. Singapore is very fortunate to have good leaders. Do not complain so much. Count your blessings.

One of the best documentary , talk shows ever produced ! Keep going on contents like these !!

I am Malaysian and I totally understand it. Excellent planing and strategy. Pragmatic and prepared💪😄

The greatest leader to ever live. Thank you for your service.

People who keep wanting the country to spend the reserves while they complain about stagnating wages (which have been rising btw), $1 increase in caipng, yet are building their wealth in CPF, owning multiple properties, etc. are in other words just want the government to “distribute” the reserves and make it their own business to save and spend. However what this will lead to is that the government increasingly loses the ability to ensure redistribution principle (across wealth and across generations) in spending, and this will also eventually lead to furthering inequality between the haves and have-nots and the present and future. This is a great series because it helps us understand, think about and take ownership in a public good that is technically an inheritance from our founding fathers but also our responsibility to leave for future generations.

As someone who is in their early 30s , just wanna show some appreciation to our gov even thou not perfect. Thank you 👍

While I am not against opposition, I hope those guys don’t keep asking for our reserve to be transparent. Only fools will disclose top secret information to our enemies.

thank you for the clarity of the video PM Lee. we are indeed very fortunate that we have a smart and transparent government

Country with strong reserve can support the stability of country and well being of people.

You Singaporeans are fortunate to have Prime Minister who are thoughtful leaders who are deeply passionate about their nation and future, never seen a country who govern their country with as much depth and passion as your leaders do, Be blessed always !! 🙏

Excellent leader and few other countries can claim to have institutions of this quality and integrity.

I never would have thought I would hear and see Mr PM Lee talking about shares and stocks

I can feel the dedication, experience and more importantly honesty if only we have PM Lee Junior … Please keep the flag flying high

"This is a Garden of Eden. If you come out of it. You can't go back in again." - PM Lee 2023. He is right point out a very good qoute about Singapore. I always felt that way and it is easily in spotting the differences whats like living outside than staying in Singapore. Even as a Singaporean, growing up in this country really makes you really different from other countries. I agree that as Singaporean we take things for granted and not being appreciated regards in our daily spendings. We are so used to this formula which ends up as our daily lives. Whether as a student, worker, retirement to government, just an opinion me to him that Singapore has been the Garden of Eden past, present and future and it just whether the society making ways to tender the place.

I feel we're taking all these things going on behind the scenes for granted.

I think we as custodians should be looking to continue growing the reserves and nirc as a percentage of GDP for generations to come. Perhaps one day far in the future the majority of the government's spending may be funded out of nirc. What an incredible achievement that would be and what a massive comparative advantage. I think that's a dream worth sacrificing today for.

Reserves are of great comfort n assurance and security to ourself, to our children, and grand children n the descendants to come!

Always so proud to be a singaporean

It is infuriating how so many Singaporeans who support opposition don’t care about how complex the situation is. They want to get the reserves to pay for their own lives today without regard for the next generation. Vaccines are free, social services are free, food is free, water is free - we dont lift a finger but we should have it - or, I work so hard so other people should work for free! This is despicable. They say we have to show and be transparent with the reserves so people know! But other countries will know. Other groups will know. They will move. If we ask those same people who support opposition to crack the reserves - show us your bank account, income, net worth - would they show? Why wouldn’t they? How do we know they’re not using it for nefarious means? There’s more evidence that the reserves are managed properly by the Singapore government than there’s evidence for the average individual to manage their own finances. How do we know? Year on year we have a stable economy, enough to fund all social services, civil servants, infrastructure repair, and the major credit rating agencies give the highest credit rating for how our reserves are managed. The average Tom Dick and Harry on the street - what is their credit rating? Will that be shown? But then we know that of our government - and still it’s not enough - we must know everything! But not of me - no matter what I can do in the shadows - that’s my right! Can anyone resist feeling uneasy around such a person? How can we not feel uneasy by a personality, someone in the coffeeshop, who says that. They might have not really done anything, but we know where that sort of thinking can go and who uses it and why If anyone had the personal responsibility to stand by their words to ask and do the same - that can be respectable. But to ask and say in the shadows, the slink away when the same is asked of them - that puts the reputation of Singapore down. There is much prestige and trust because not of wealth but of principles which one reliably expects from Singaporeans. If we throw that away, we throw our futures and well being away. Do we follow the principles of the short sighted? Ask anyone who wants to see the reserves: what will you do to safeguard that information from entities that care only to profit and not for the well being of Singaporeans? They may respond: well we can’t always support everything the government does. That’s fair - but that’s not an answer to the first question - it’s a deflection. But to understand the non-answer response - how do we know the government is working well? Use eyes and ears - see around how things are. If you like what you see, then the conclusions can be clear. But if you don’t, well, everyone else can see too, and see what you don’t see or choose not to see. The most sure fire way to get a people to destroy themselves is to get them to deny and not believe what they see with their own eyes and ears, and to follow what someone else says to see and hear who - guess what - may not have your best interest at heart. Why believe them? Theatrics? Showmanship? Or because one has a sense of inferiority and only superior people from outside are always better to listen to. Which are the traitors, despicable and weak enough personalities that sacrifice the children of tomorrow. Societies that do that, they decline and fall apart. Societies that have self confidence and determination to go their own way - Japan, China, South Korea - they didn’t build themselves by listening to others and no one else within who think they are inferior The people who think this way won’t stop talking. Those who understand the complexity have the maturity and composure to not talk so much - but if the former fill the air - what happens? We can’t take for granted the need for wise voices to say their piece

Thank you PM Lee Hsien Loong

Have been here for sometime, is a government from the people by its people for its people -then and now . So blessed.

When a leader of a nation has no vision, the ' reserves 'or money in the Reserve Bank will perish/ gone!

Thank You Sir P.M. Lee Of Singapore.👍🙏👏

Singapore has the best of everything thanks to LKY and the PAP government. Public housing, universal education, CPF policy, social security and stability. Never take these for granted.

We the citizens of Singapore are truly blessed with wise men in the past ,present and future to govern our city state as well as a nation. We greatly appreciate the many years of planning and stabilising our economy in good times and bad days. Keep up the great work !

Thank you, PM !

Fully agree with PMLee, on "we cant build it back up again, if we lose it, it is finish". Future frowth scenarios and risks are more at stake and swifter than the many prior years before where growth has been super robust to Ride the Wave.

Singapore Reserve is what gives MAS and Singapore the ability to adapt and change course to help Singaporeans without having to beg for help from neighboring countries, world bank or IMF. Many Singaporeans are still clueless about how small Singapore is in size and influence. Without solid reserves, Singapore's currency and assets will be vulnerable to attacks by foreign countries. Singaporeans should be smart not to indulge in fakeness and myths created by those fly-by-night political activists hoping to divide and conquer Singapore. e.g. Jamus Lim ask for a 3rd key to access to reserves. My question to him is, how long have you been in public service and why should any Singaporeans trust what WP said when 3 prominent members from WP were caught lying to their own leader? Wake up Singapore and learn to be thankful for what we already have

Thank you PM for simplifying things.

Grateful to have great leaders leading our country. Not perfect, but I'd still prefer them in charge than any other government on earth

When PM referred to NIRC as 3.5% of GDP, that is nominal GDP. When he talked about setting aside 50% of NIRC and growing past, reserve 2% a year sustainably, this implies 4% REAL return. The nominal return should be 7%+ , close to GIC’s annualised NOMINAL return.

I'm Fakhry born n raised Sporean... Love my Singapore as my late mother gave birth to me in KK hospital back in 1969....

Thankful that our former President Mr Ong Teng Cheong had the courage to question why we were spending the entire NIRC and to propose putting aside 50% of it.

This is a great interview for ppl to understand more about our reserves. Nothing is ever enough, I hope we can continue this for future generations to come.

A timely video. Feels great to be reassured.

0:45: 💰 The Net Investment Returns Contribution (NIRC) accounts for one-fifth of government revenues, equivalent to more than the combined spending on defense, education, and health ministries. 4:35: 📚 The speaker discusses the process of managing reserves and the importance of considering returns instead of just income. 8:31: 🔒 Singapore's system of managing reserves and the elected president is unique and took several decades to develop. 12:48: 🌍 Singapore benefits from its reserves and reputation as a unique and prosperous country. 17:05: 💰 The reserves are like rainy day money that provides comfort and reassurance in case of emergencies. 21:01: 💰 Singapore's spending needs are growing, and they must ensure sustainable financial planning to become a super agent society by 2030. Recap by Tammy AI

Thats not a prime minsiter, Thats the CEO of Singapore

We are truly blessed as Singaporeans.

Well said PM Lee. I have great hopes that you and your esteemed team will do very well for SG. SG100 n beyond

Amazing country and has an amazing Prime Minister. A lot of things to learn in this awesome video

15:00 “Once it is gone, it will never come back again. It is finished. You cannot build it up again.” - PM Lee 2023.

I support and trust our government foresight for every decision, policy and procedure which have been established since Our Late Mr Lee era.

Thank you for all your hardwork

This is a Masterclass video for leaders across the world!

Thank you, I'm appreciative of the Singapore premium.

Thank you Goh Keng Swee and Lee Kuan Yew. And Lee Hsien Loong for carrying on the torch.

Thanks PM ….As long as u take care of Singaporean..we had no issues ❤️❤️

Thank you Prime Minister Lee Hsien Loong for this excellent insights and strategies on RESERVES! I am richly blessed through you! GOD bless you abundantly!🥂🎏

The most important point I heard in this video is 50% for current use and 50% for future generation. This is the most fairest formulae. Half and Half. Current Generation use half, half for future generation. I have to praise this method. In fact in our life and many daily conflict or business dealing, 50% / 50% solved almost all the conflict.

Appreciate your sharing knowledge. Thanks so much PM Lee.

wish to have more leaders like PM Lee. yes, i'm looking at you Philippines but why do i have this feeling of hopelessness? 😞

Very insight story, keep up the good work

Thank you sir

I served my National Service back in Sept 87 till Sept 89.Just to share something TRUTHFUL n JUSTICE to us called Singaporean...

Savings and growing our savings are important to our financial health. Don't listen to those who keep wanting us to spend more. SG is a 1st world country because of prudence, foresight and forward planning.

We thank God we are living in Singapore. Here, everything works efficiently including our government. Majulah Singapura!

I am happy to know more about the reserves that my country have.

You are still able , Continue to be the PM of singapore with LW on the standby. I support you.

Thank you PM for all your hard work ❤Singapore ❤

This is a very good explanation of how the reserves were accumulated and the government’s policy of using it wisely to supplement the budget every year without depleting the reserves. Why is this information not made known to us before. Why is there so much secrecy and mystery and misunderstanding on this subject? I would suggest that every year at budget time , these facts should be made clear so that the people can understand fully.

I have to say, the current PM of Singapore seems to be wise and ethical. Hope the next PM of Singapore stays the same.

Thank you PM Lee 🎉

Solid planning.

A succinct explanation of Singapore reserves! Thank you PM! 👍

You've done us proud !

The financial planning is the same as that we have in our own family unit. It's logical and sensible.

A great leader.

19:00 mark hits hard. He takes care of Singapore like his own child.

The idea of reserves is very simple. If you are sick, you cant work and earn money. Having that extra saving to see a doctor means that you will not be incapicated for long and can continue to work.

it's not only a so insightful video but also a 'warning' to singaporean - be careful who u vote for president

amazingly done. didnt expect that we would be so transparent about our reserves (esp at this troubling times). i hope people can now understand why govt CANNOT reveal exactly how much reserves SG has. SGD will suffer if we do!!

singapore really has very good people in their politician is a great culture

The built-up of the reserves will benefit and take care of future generations to come. That is what most Singaporeans don't understand.

Yes 👍 agreed with our PM

Great to see patch notes straight from the developers! Keep it up!

Singapore must hit a 1 trillion dollar economy in nominal GDP within the shortest time possible. That's double what we are today. This will push the ASEAN bloc further up the world's ladder of power. The further up we climb as a region, the better our negotiation power on a global scale.

understand much better. THank you PM Lee

As I understand it, our strong reserves were the result of blood, sweat, and tears from our forefathers who had built and guarded this nation. People who acquired citizenship get to enjoy and benefit from these reserves which they played no part in before. How many of them treat this place as a mere steppingstone? Can't help feeling damn sore about this....😑

👏👏👏👏👏 5 Super claps to LKY - Creator of the Legacy 👏👏👏👏👏 5 Super claps to LHL - Maintainer of the Legacy

Useful video. At least I have a better understanding of how NIRC works. What I think the govt should do is to build in some flexibility on how the split is appplied. For instance, to address today's more pressing needs (eg. healthcare), we can front load the split.. So instead of 50:50, maybe work within a 60:40 range with 60 being the upper band and 40 being the lower one. Which end of the scale you choose for the budget year will depend on what infrastructure or project you are trying to pursue. Some food for thought.

We Singaporeans must always remember that Singapore was a very needy, underdeveloped young nation in the 1960s. But today, our country is considered by many envious peoples around the whole world, as a rich country in the status of a first world developed nation, even though without any natural resources but only with dlilgent and dedicated human resources to make it workable and achievable all this while ❤. And on top of these countless efforts, Singaporeans must also understand that Singapore took thousands and thousands of days to up build up our national reserves, of course many might say these reserves are being made possible through our taxpayers’ contributions. However, it is also from these tax collections that our state took further bold steps to make possible, productive, profitable returns from vast investments to become our national revenue and resources. All these money being saved and kept are for our country’s raining day needs. We shall always remember and be warned that it takes thousands of days to save, but it just takes only a day to spend and lose it if we are not careful and prudent enough to spend wisely ❤🎉!

Red passport command respect,this is true.