IN MAKING any decision to draw on the reserves of the Singapore Government, the President can get expert advice from his six-member council of advisors, President SR Nathan said here.
He said in respose to a question that members of the Council of Presidential Advisers are all well-informed about the economy and financial matters.
Last month's $150 billion bank guarantee package was the first time the Government called on the President to exercise his custodial powers over the nation's reserves.
