I am a Practitioner of 'The 7e Way of Leaders' where a Leader will Envision, Enable (ASK for TOP D), Empower, Execute, Energize, and Evolve grounded on ETHICS!
With Singapore facing its highest security threat in recent years, security spending will be “a very major item” on the Government's expenditure list and it is expected to increase, said Finance Minister Heng Swee Keat on Friday (Feb 2) after a visit to the Home Team Tactical Centre.
SINGAPORE: With Singapore facing its highest security threat in recent years, security spending will be “a very major item” on the Government's expenditure list and it is expected to increase, said Finance Minister Heng Swee Keat on Friday (Feb 2) after a visit to the Home Team Tactical Centre.
He added that it is important to “take action to prepare ourselves” and support the security agencies in keeping Singapore safe and secure.
From S$14.8 billion in FY2011, Singapore's security spending has increased steadily to S$19.5 billion in FY2016, according to data from the Ministry of Finance (MOF). The latter accounted for 4.7 per cent of Singapore's gross domestic product (GDP) and makes up about 27 per cent of total government spending, official figures showed.
When asked how much security spending could increase, Mr Heng declined to put a figure to it but noted that it is clearly an "important area to invest resources in".
To fund these expenditure increases, it will be crucial for the Government to do its long-term projections for expenditure and revenue. More details will be revealed in the Budget statement on Feb 19, he added."
I hv a BAD feeling any this signal sent by Minister Heng. While it is true the threat of unpredictable terrorist attacks has heightened, it is important to seriously dissect n data analyses:
1. r the current budget allocated well within the security area?;
2. hv all in-charge of such budget properly demonstrated that them had optimised the resources on hand n that additional resources r absolutely critical?;
3. what hv they done to optimise n prioritise the existing resources before asking for more?
4. how will they account to the parliament n the taxpayers in HOW they spend the "additional resources approved n given" n if the new spending r effective? I.e. they need to be able to MEASURE n report effectiveness monthly to the cabinet (n public if security secrecy is not at risk through this disclosure!)
Honestly there is NO LIMIT to the spending if we want to fight a phantom elusive, invisible n UNPREDICTABLE enemy! Better n cheaper to move to the next phase: "immediate containment of any terrorist attacks that HAPPENED!" e.g. damage control, salvage n recovery, n specific counter measures on whatever reasons/root causes identified!!
I dread the day of unlimited spending on security will come too soon!
Education n application of this education on rational thinking, counter strike against terrorists who had attacked us WILL be cheaper n much more effective.
1 Life Long Pursuit always: - at personal level, to be a good father, husband, son, friend and human being; - at work level, to be a professional; practising the 7e Way of leaders;
2 To continue the holistic healthy lifestyle of 'eating right and exercising regularly' so as to keep the weight at 70-71kg and off HBP medication;
3 To continue to be grateful of at least 2 income generating sources;;
4 To continue to contribute as VPO, HA, Team Nila n other volunteering opportunities;
5 To continue to wrestle with investing wiser and trading wisely to profit;
6 To try to jog n walk my 10th charity marathon in 2019 n raise funds for Singapore Cancer Society!;
7 To always has space for the Unexpected.
Have your visited the www.7eleadership.com website?
2010 Tour of Amsterdam/Brussels/Paris/Lucerne/Cologne
Family Outside Versailles Palace, France
2009 Dec Tawian Holidays
Four of my Most Important People
2008 Dec HkgMacauHolidays
HawNgee, ZJ and Jun in JAWs!
Not quite 2015 SCMS
I finished in 6hrs50mins in 2015 SCMS. Worst of the 8th attempts!
Lu's Marathon on 7 Dec 2014
I did it 6hr19sec for the 7th time!
Lu's Marathon on 1 Dec 2013
I did it in 6.16. Worst than 2012 of 6.05 and > Target of 6hrs. Still, I will take it! :-)
Lu's Marathon on 2 Dec 2012
5th Time 6.06 > Goal of 6hrs
Lu's Marathon on 4 Dec 2011
I did it again in 5hrs53min05sec!
Lu's Marathon 05 Dec 2010
I completed my 3rd Marathon - 6hrs 24mins
Lu's Marathon 06 Dec 2009
I Did It AGAIN at 6hr20mins!!
Lu's Marathon 07 Dec 2008
I Dit It! 42.195km in 5hr 53Min 34Sec. My 1st Marathon at 51+ Years Old
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