Our unique fiscal policies which from a cashflow perspective – may not be spending any money on CPF, HDB & Healthcare (except during Covid-19), as the inflows exceed the outflows annually
CPF
CPF INFLOWS ($13.0B + $47.3B) – OUTFLOWS ($22.5B) = $37.8B (EST.)
$540B BALANCES X 2.4% EST. (RETURNS – %) = $13.0B
Contributions $47.3b – Withdrawals $22.5b = $24.8b
(Last 12 months to Sep 2022)
https://www.cpf.gov.sg/…/reports-and…/cpf-statistics
HDB
Record deficit of $4.4b in FY2021
Cost of sales of completed flats $5.346b
(Land development costs $3.167b +Building development costs $2.077b +Other costs $102m)
(FY2021/22)
https://www.businesstimes.com.sg/……/hdb-gives-bto……
Healthcare
From a cashflow perspective, may still not be spending any money on Healthcare (excluding Covid-19 related expenditure)?
From a cashflow perspective, does “annual Medisave contributions ($13+b est.) + Medisave accounts’ % ($4.8+b (4+% on $121.1b total balances 2022 Q2))”, exceed “Government healthcare expenditure ($11.3b 2019) + MediShield ($1.7b), CareShield Life premiums ($380m) + Medical expenses/private insurance premiums’ withdrawals ($2.6b) (2021 Q3 – 2022 Q2)”?https://data.gov.sg/……/report……/cpf-statistics……
