Ipatas supports gov and O'Neill on UBS loan

[Stavros]

Worth a read http://devpolicy.org/the-oil-search-loan...0140321-2/

One only needs to look at how the Singapore Government invests its money to see that investing a country's wealth in local and international businesses brings enormous wealth to the country and the general population for years to come. Take a look at Temasek and GIC:

http://www.temasek.com.sg/abouttemasek

http://www.gic.com.sg/en/about/overview

It seems to me that only a small fraction of the PNG LNG plant revenue that comes into the Government's coffers will go towards repayment of the UBS loan.

This is a huge "Win-Win" for all parties involved.