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BUDGET BOOK: REVENUE AND SPENDING

Singapore Budget 2019: Surplus instead of deficit for FY18; suspension of HSR, higher stamp duties cited

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Singapore is expected to register a budget surplus of S$2.12 billion for FY18, equal to 0.4 per cent of gross domestic product (GDP), instead of a small overall deficit of S$0.6 billion as estimated a year ago.

Singapore

SINGAPORE is expected to register a budget surplus of S$2.12 billion for FY18, equal to 0.4 per cent of gross domestic product (GDP), instead of a small overall deficit of S$0.6 billion as estimated a year ago.

The surplus for the fiscal year ending March 31 was due to...

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