SINGAPORE BUDGET 2021: FISCAL CHALLENGE
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No major tax changes but fiscal prudence reiterated

Published Wed, Feb 17, 2021 · 05:50 AM

Singapore

SOME observers had hoped to see more tax reforms and benefits in this year's Budget, but were disappointed that these did not materialise.

However, others whom The Business Times (BT) spoke to, welcomed the more targeted plans shared by Deputy Prime Minister and Finance Minister Heng Swee Keat after last year's sizeable draw on the country's past reserves.

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