Singapore’s ‘election Budget’ expected to tackle cost of living with generous handouts
Budget 2025 may place greater emphasis on ‘near-term benefits’
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AS THE last Budget before Singapore’s next general election (GE), Budget 2025 could tip towards addressing immediate challenges such as the cost of living, said political watchers.
The speech on Feb 18 may thus include generous handouts and social transfers, though the government will still address long-term challenges such as economic transformation, they added.
The next GE, to be held by Nov 23, 2025, will be the first in which Prime Minister Lawrence Wong leads the ruling People’s Action Party.
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