Infrastructure spending

Singapore plans budget with an eye on election

Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in Monday’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year.While not expected to be as headline-grabbing as last year – when Heng flagged a hike in the goods-and-services tax (GST) – the 2019 budget will cover a range of familiar policy priorities.

18 February 2019
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