OUB Centre at Raffles Place on a Saturday morning. Shops just opening.
How much is our reserves?
Everyone seems to be quoting this word, 'reserves' freely. How much is actually our reserves, what constitute our reserves and where are they? Our CPF a part of the reserves? How much of Temasek and GIC assets are part of our reserves? Then there is another reserves guarded by the President. How much is this and where and in what form?
Can someone clarify on the above mess and put the amount and parts in a simpler manner so that we know what it is all about?