[CNA Exclusive] PM Lee reveals inner workings of Temasek, GIC - Pt 3/3 | Singapore Reserves Revealed

The net investment return contribution or NIRC makes up close to 20% of Singapore's budget. Who are the people behind making sure our reserves grow? The Prime Minister explains the working relationship between the Singapore government, Temasek and GIC. READ: https://cna.asia/3qwJ62q

00:26 How did Temasek and GIC come to be?
04:35 Is this structure relevant today?
05:09 Does the government get involved in GIC investment decisions?
08:11 Why must GIC’s chairman be the Prime Minister?
10:50 What do world leaders say about Singapore's reserves?

#SingaporeReservesRevealed

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