You are here

SINGAPORE BUDGET 2019

Fiscal planning: matching funding with project type

Analysts say the Singapore govt's prudent stance augurs well for long-term spending

1. Changi East Checkpoint_.jpg
Changi East project which aims to welcome about 40 million to 50 million visitors annually. Mr Heng said Changi Airport Group (CAG) will be taking up loans to fund its share of investments in the multi-billion dollar Changi East project which is expected to be completed around 2030.

Singapore

THE Singapore government's plan to adopt a dual approach on new investments - borrow for big-ticket, lumpy infrastructure projects and tap recurrent revenue for social and security undertakings - was deemed by analysts as fair, decisive and a furtherance of its hallmark prudent

sentifi.com

Market voices on: