“THARMAN WAS THE POLICYMAKER, I WAS THE MONEY MAKER”
Mr Ng also said on Saturday that he empathised with Singaporeans who are feeling the pain of the higher cost of living.
“But we are very fortunate in Singapore, that we can keep down the cost of living… It’s because we have a strong Singapore dollar,” he added.
The strength of the Singapore dollar is related to the country’s financial reserves, he said. “Because our financial reserves is strong, we are able to command the confidence of investors, and they like to invest in the Singapore dollar.”
The President has an important role to play in safeguarding Singapore’s reserves, he added.
“I want to become the President so that I can look after our reserves.”
When asked by a journalist if his and Mr Tharman Shanmugaratnam’s careers were similar, having both served in GIC and the Monetary Authority of Singapore, Mr Ng stressed that he served as a public service officer, not a political leader or minister.
“So we both had different roles to play. You might say that Mr Tharman was a policymaker … But as the chief investment officer of GIC, I helped to make the recommendations that go to the board, and then the board approves the policies.
“Mr Tharman was the policymaker, I was the money maker.”
Mr Ng, who submitted his application for a certificate of eligibility via the public sector deliberative track on Wednesday, said he has already gathered his proposer, seconder and eight assenters.
He previously confirmed that he had listed former Foreign Affairs Minister George Yeo as one of his three character references in his eligibility papers.
On when he plans to announce the identities of his assenters, he said “the right time” would be on Nomination Day.
Electoral rules require each presidential candidate’s nomination papers to be signed by a proposer, a seconder and at least four other people who are registered voters. Mr Tharman announced his proposer, seconder and eight assenters on Jul 26.
“I’m very fortunate that I already have the full list of assenters, together with some reserves. We need some reserves because all of the assenters have to be physically present in Singapore, so in case they are travelling, I need reserves,” said Mr Ng.
“I have the list of assenters, but I think it’s too early because I have not even gotten the certificate of eligibility.”