https://www.straitstimes.com/singapore/housing/hdb-s-deficit-nearly-doubles-to-4367b-amid-sharp-increase-in-number-of-bto-projects-started
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10/31/22 at 2:00am
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The Straits Times
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cue
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The deficit was due to more flats being built and disbursement of housing grants and subsidies.
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