Our reserves are a critical resource for Singapore's future. As a strategic asset, our reserves serve key purposes:
They provide a key defence for Singapore in times of crisis. We cannot tell what crises - natural calamities, pandemics, wars or economic crises - will hit us in future and what the scale of the damage will be. Our reserves are a strategic asset should a major crisis occur, allowing us to mount a decisive and effective response.
The investment of our reserves also provides a valuable stream of income for the Government Budget, which can be spent or invested for the benefit of current as well as future generations.