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SINGAPORE BUDGET 2022

Return to surplus expected for Singapore Budget in FY2022

FY2021 fiscal performance may also be better than expected with high tax takings

Janice Heng

Janice Heng

Published Mon, Jan 24, 2022 · 09:50 PM
    Strong revenue.pdf

    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.

    Singapore Budget 2022fiscal policy

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