Guardians of Growth: PM Lee on Temasek, GIC, and Singapore’s Financial Future | Insights from CNA’s Exclusive Series 00:10:00
Prime Minister Lee Hsien Loong offers a rare glimpse into the mechanisms behind Singapore's sovereign wealth giants, Temasek and GIC, in CNA's Singapore Reserves Revealed series. Highlighting their critical role in generating the Net Investment Return Contribution (NIRC), which supports nearly 20% of Singapore's budget, PM Lee explains the historic roots, modern relevance, and unique governance structures of these institutions. With candid insights on leadership, investment strategy, and global perspectives, PM Lee underscores the delicate balance between prudence and innovation that ensures Singapore’s reserves remain a cornerstone of its economic resilience.