Well Singaporeans can't know what is happening to their reserves - why? Plenty of reasons lah...some of which cannot tell you (even the reasons not transparent). Singaporeans can't know the EMA formula for setting electricity tariffs - cut 24% still among the highest in the world....formula is secret cannot tell you. HDB cost of building? Secret. Secret, secret, secret...not just secretive but the govt is ready to presecute any public servants giving information regardless of whether it is in the interests of citizens whom they are suppose to work for.
Penang voted for the Opposition in the last elections. Now what kind of information do they get? Here's an interesting piece of info posted in Jeff Ooi's blog. It shows the cost of a study trip the Penang govt made to S. Korea:
They spent RM$32K ($14K) on the 5 day trip which had a contigent of 52...10 ministers/civil servants + 42 private sector reps. Now that is less than S$300 per person for the trip. Assuming the 42 private sector fellers paid their own way - the cost for each member of govt is $1.4K. Boy that is cost effective govt - flying economy class, not staying in 5 star hotels. I wonder if $14K is enough for a single minister in Singapore for such a trip .....I guess I'll never know because it is a state secret.