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BUDGET 2016: EDITORIAL

A bespoke approach to transformation

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In his maiden Budget that he presented to Parliament on Thursday, Finance Minister Heng Swee Keat managed to pull off something of a coup.

IN his maiden Budget that he presented to Parliament on Thursday, Finance Minister Heng Swee Keat managed to pull off something of a coup. He increased spending by 7.3 per cent, did not introduce any significant new taxes - neither direct nor indirect - and yet produced a projected budget

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