Purpose of Funds
GIC is one of the three reserves management entities in Singapore, alongside the Monetary Authority of Singapore (MAS) and Temasek. We manage most of the Government’s financial assets, and invest for the long term to preserve and enhance the international purchasing power of the funds placed under our management.
Why reserves matter
The reserves are a critical resource for Singapore’s future. First, they are a valuable buffer or shock absorber during downturns. Second, a strong national balance sheet fosters investor confidence and enhances the stability of the Singapore dollar. Third, income from the reserves supplements government revenues.