Wednesday, July 07, 2010

Go Figure

I am all for sports development in Singapore but looking at the numbers on amount spent vs other social budget, does make one wonder...if Youth Olympics is really worth all the money spent - being over budget by over 300%. How does one justify or quantify tourism numbers, media exposure? It's your word against theirs. Perhaps the needy should have a marketing guru to help out in getting some much needed public funding.

S$387 million for YOG.
S$92.39 million for the needy.
S$83.02 million for families and VWOs.

Source.

Another thought, who control the purses here? Dr Vivian Balakrishna - Minister for Community Development, Youth and Sports?
Wondering how the Minister reports about YOG overspending to the people, or in our case - the patriarch head.

Viv: "Sorry I overspend by S$200,000,000++..."
Old Man: "What to do, what's done is done...it's an honest mistake, let's move on. I only pay you S$ X000,000 for your cool medical background,I can't possibly expect you to be an auditor/accountant too"

Dr Vivian Balakrishnan was elected MP for Holland-Bukit Timah GRC, which was also one of the Town Councils which lost a lot of zeros in minibonds.
Wondering somehow if our Ministers are shielded from accountability and spared the rod,from losing S$8 million to overspending by S$200 million..I seriously do hope he doesn't join Temasek/GIC boards.