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 THE SINGAPORE PARLIAMENT IS CRASHING AND BURNING

BY: Ivannah Jacob

The Singapore Parliament is currently debating on whether the nation should tap into its reserve

funds to sustain itself during the pandemic or whether it should resort to borrowing from other

countries. However, as of now, there is not much hope that a conclusion will be reached.

Despite it being an advanced debate, the chaos arising does not attest to this designation. The

chairs have openly criticised the delegates for not being able to distinguish between a GSL

speech and a moderated caucus speech (which are the basic rudiments of any debate) and

have pointed out how delegates are not using their time in the moderated caucus effectively

because they are still clarifying their stance in their moderated caucus speeches! They have

also condemned delegates for having no collaboration between themselves and being very

vague overall. A delegate that would like to remain anonymous has revealed that the most

interesting thing that has happened so far are the technical difficulties! However, this is not to

say that there are no interesting characters in the debate. The finance minister, for example,

seems to have a good heart but ludicrous ideas. He recommended that Singapore extract 2-3

billion dollars from its reserves to help front line workers! When questioned by Xinhua on how

he plans to replenish these funds when he is set against borrowing from other nations, he has

responded by saying that since Singapore has large reserves “losing on a 2 to 3 billion dollars

would not affect us too much.” To put this into perspective, Singapore is already dedicating over

$55 billion to combat the pandemic that is 11% of its GDP. Clearly this minister does not seem

to comprehend that money runs out! If the Parliament continues down this path, there is not

much hope left for Singapore.

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