Singapore Projects Significant Budget Surplus of S$6.8 Billion for FY25

In a positive financial forecast for the fiscal year ending in 2025, Singapore has announced an expected budget surplus of S$6.8 billion. This marks a notable outcome against the backdrop of global economic uncertainty, driven by a mix of strategic planning and robust economic performance. The surplus represents approximately 1.8% of Singapore's gross domestic product (GDP), a sound indicator of the nation’s financial health.

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