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Social spending rise requires cuts elsewhere

[SINGAPORE] Raising Singapore's social expenditure to 9 per cent of gross domestic product (GDP) - as was suggested by Nominated Member of Parliament Laurence Lien this week - is achievable without major tax hikes, but not without significant cuts in other spending areas, a look at the Budget numbers show.

During this week's Budget debate, Mr Lien had proposed that Singapore's social expenditure be raised from the current 7 per cent to about 9 per cent, arguing that this can be done without a major...

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