A potential end-of-term Budget with something for everyone
Add BT as a preferred source
Janice Heng
IN THE run-up to any given general election (GE) – Singapore’s next one is due by November 2025 – almost every Budget might look like an election Budget, to suitably paranoid eyes.
Yet from both an objective fiscal perspective and a more subjective reading of its announcements and schemes, Budget 2024 certainly seems to facilitate – if not indicate – a GE being called before Budget 2025 rolls around.
Firstly, on the fiscal front, an end-of-term Budget is informed by the need for the government to balance the Budget over its full term.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI
