01 Jul '11, 6am

There is no publicly available breakdown of the defence budget and we are supposed to take Ng Eng Hen's words at...

There is no publicly available breakdown of the defence budget and we are supposed to take Ng Eng Hen's words at...

Defence Minister Ng Eng Hen said that defence spending will continue at a steady pace, but will also exercise prudence. … Defence Minister Ng Eng Hen on Thursday said that while the country's defence spending will continue at a steady pace, the government will also be prudent in its expenses in this area. This philosophy has served the nation in the past 20 years and enabled its defence capability to be on the same level or above that of the world's modern military forces , he told reporters ahead of the Singapore Armed Forces (SAF) Day on Friday. However, the minister pointed out that over- or under-spending is not the ideal approach. He noted that Singapore does not sharply increase or reduce its defence spending during economic growth or slumps, as modern armed forces , being technologically complex, need a long time to build up and get going, reported The Straits Times...

Full article: http://sg.news.yahoo.com/blogs/singaporescene/defence-spe...

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With all the sales all around us, do be prudent...

cpf.gov.sg 07 Jul '11, 8am

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