Dr Goh decided to make use of POSB, instead of just letting it waste away. He wanted POSB to be a key part of Singapore's economic development, as he also saw the potential of POSB of helping to create the savings culture among Singaporeans, and the possibility of using the savings to fund national projects such as building bridges and roads. In order to get the bank back into shape, Dr Goh created a committee which focused on planning how to revitalise POSB. Many new services and incentives were released and by the end of 1968, there was an end to the declining trend in deposits.
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