fiscal policy
The Iran war presents a ‘guns and butter’ nightmare for investors
How long the conflict will last, and its energy impact, are unknown, but mounting global debt and inflation risks are all too real
Singapore’s special transfers expenditure: a strategic fiscal approach to resource allocation
The mechanism behind this spending shows how institutional design can balance short-term responsiveness with long-term discipline
Budget 2026: With fiscal marksmanship now harder to achieve, tax changes need stronger justification
Amid growing uncertainty, it is safer to err on the side of fiscal caution – but the public will need to be convinced of this
Budget 2026: Fiscal forecasts are reasonable, not too conservative: PM Wong
GST hikes remain necessary to provide stable revenues for increased structural spending
Japan PM faces challenges selling ‘proactive’ fiscal policy to bond vigilantes
It involves ramping up investment and a two-year food-tax suspension for a country with public debt twice the size of its economy
Budget 2026: FY2025 surplus revised up to record S$15.1 billion, more than double the estimate
The surplus was driven by higher-than-expected takings for corporate income tax, among other factors
Budget 2026: Singapore to proceed with BEPS Pillar Two top-up tax; corporate revenues to rise
The updates to the framework will increase the effective tax rate for large multinational enterprises operating here to 15%
Budget 2026: S$500 in CDC vouchers, up to S$400 special payment to ease cost pressures
Eligible households will also receive up to S$570 in U-Save rebates
Budget 2026: Singapore to raise EP and S Pass qualifying salaries from 2027
Renewal applications for both work passes will only take effect in 2028
Budget 2026: More AI learning support for workers, including free premium tools
The SkillsFuture website will also be redesigned to make relevant AI courses easier to identify
