President Tony Tan gives his assent to Supply Bill

Singapore

THIS year's Budget is a "responsible, prudent and balanced" one, said President Tony Tan Keng Yam on Friday after he gave his assent to the Supply Bill.

This Bill, which was passed in Parliament on Thursday at the end of the Committee of Supply Debate, authorises the government expenditures proposed in the Budget for the new financial year starting April 1.

The government expects an overall budget surplus of S$3.4 billion this y…