Graduate Digest
A Road Map For The Future

Singapore's Budget 2018 sought to address short-term business concerns as well as longer-term challenges brought about by broader shifts in the global economic order, emergence of new technologies and Singapore's ageing population. Find out more about what Budget 2018 holds for the nation's future.

 

In February, Finance Minister Mr Heng Swee Keat delivered a wide-ranging Budget 2018, which sought to address short-term business concerns, as well as longer-term challenges brought about by broader shifts in the global economic order, emergence of new technologies and Singapore’s ageing population.

 

While the planned rise in the goods and services tax (GST) hogged the headlines, analysts believe that Budget 2018 has struck the right note in balancing present and future needs.  

 

This is a ‘give and take’ Budget, with some ‘goodies’ for most, coupled with a few near and longer-term costs,” said DBS Economist Irvin Seah in a report.

 

Specifically, the emphasis of this year’s Budget was on medium-term economic transformation, building, a liveable and sustainable city, fostering a caring society and fiscal rebalancing.

 

Find out more about what does Budget 2018 mean for the nation’s future here.

 





POST A COMMENT :

Name *
Membership No. (if applicable)
Email *
Your Comments *