SingaporeBudget

Singapore Residents Voice Concerns Over Budget's Ability to Address Rising Living Costs

3 months ago

In a recent survey conducted by Bloomberg, a significant number of Singaporean residents expressed skepticism regarding the government's budgetary measures to tackle the escalating costs of living in the city-state. This poll, carried out in February 2025, revealed that a considerable 64% of respondents believe the government's financial allocations fall short in addressing their everyday financial struggles.

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

4 months ago

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.

Singapore Unveils Ambitious 2025 Budget: Aiming for Sustainable Growth and Inclusive Prosperity

4 months ago

In an eagerly awaited announcement, Singapore's Finance Ministry revealed the details of the 2025 Budget, marking a significant step towards sustainable economic growth and social inclusivity. Finance Minister Lawrence Wong delivered the budget speech on February 18, 2025, outlining key initiatives that reflect the government's commitment to addressing the needs of its citizens while navigating an evolving global landscape.