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Allocations likely for middle class: economist

Published Thu, Jan 22, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    THIS year's Budget will likely target the middle class, with further allocations towards social spending, said Bank of America Merrill Lynch economist Chua Hak Bin on Thursday. INFOGRAPHIC: Increased social spending

    He said that this is alongside expectations of a generous "jubilee" Budget on Feb 23, given SG50 celebrations and a possible election this year.

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