Seven measures to expect from Budget 2020
These measures will be aimed at growing the economy, helping Singapore face its external challenges and ensuring its long-term success.
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ON FEB 18, Deputy Prime Minister and Minister for Finance Heng Swee Keat is expected to unveil a strong expansionary Budget. Incorporating ideas from Singaporeans as part of the "Singapore Together" movement, the Budget will aim to grow the economy, help Singapore face its external challenges and ensure the nation's long-term success.
Here are seven things we may expect from his announcement.
The minister is expected to emphasise that the current Budget builds on the foundation of previous Budgets. Given that our economic restructuring efforts to transform businesses are still very much a work-in-progress, more targeted measures to help Singapore businesses build lasting capabilities are likely to be unveiled.
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