Temasek Review reported that Reform Party has called for dismantling of the GLC structure[Link] . I have said many times in the blog that the links between govt and the vast network of GLCs has resulted in the interests of the PAP govt being diversified beyond that of maximising the benefits for ordinary citizens. The PAP recruits from GLCs and former PAP ministers are inserted into various positions in GLCs e.g. David Lim (remember him?) went to NOL[Link]. I strongly support the views of Reform Party on dismantling GLCs as they are very close to mine.
In my next post, I will write about the ESC again - the ESC has missed out on something very important i.e. strategies to cope with increased frequency and risk of economic crisis. It is important to put in stabilisers in our economy to tackle this recurring risk.