- The Straits Times/Kevin Lim
The actual cost of the summit which saw American President Donald Trump and North Korean leader Kim Jong Un meeting here in Singapore earlier this month has been revealed by the Ministry of Foreign Affairs (MFA).
Though Prime Minister Lee Hsien Loong had previously estimated that the summit would cost around S$20 million ($14.68 million) to host, the cost of the meeting was reported to be approximately S$16.3 million.
According to a the statement issued by MFA on Sunday (June 24), the biggest component of that the money was used on security.
The summit was closely watched by thousands of international journalists who arrived in Singapore and everything from the early celebration of Trump’s birthday to the various food creations by restaurants and hotels to commemorate the event all made the news.