Beyond just a Budget, let's look at the strategic underpinnings

BUDGET 2020 is probably one of the most anticipated budgets ever for Singapore.

People and businesses alike were expecting a so-called "election budget". With the global Covid-19 crisis hitting Singapore's shores, they unexpectedly were then honing for a "virus relief budget". Some even touted that the virus relief budget is the election budget.

But these terms to describe budgets - "election" and "virus" - are probably less than the full picture.

A national budget is a holistic blueprint for channelling funds to achieve specific objectives.…

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