Return to surplus expected for Singapore Budget in FY2022
FY2021 fiscal performance may also be better than expected with high tax takings
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Singapore
WITH government revenues staying strong and Covid-19 support winding up, the new financial year may be one of building the public coffers back up.
This builds on progress made in soon-to-end FY2021, with a much smaller expected shortfall than FY2020's record S$64.9 billion deficit, and some economists even seeing the chance of a surplus.
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