budget Archives

Perspectives

Govt expects to spend more on climate change fight, reserves will serve as insurance: Budget 2023

Singapore is doing all it can to act against global warming but we need to prepare for the worst.

20 February 2023

2 mins read

Perspectives

Budget 2023 checks all our boxes. Here’s why

A bold and ambitious Budget to help Singaporeans navigate this Brave New World.

17 February 2023

3 mins read

Policies

照顾国人各项需求: 财政预算案勾勒我国未来新方向

协助国人提升技能把握机遇、扶持家庭、加强社会安全网，人民行动党政府推出了具前瞻性和包容性的财政预算案，不仅照顾到国人的各项需求，也为新加坡的前景提供保障。副总理兼财政部长黄循财于2023年2月14日在国会发表“携手前进新时代”2023财政预算案声明，勾勒出政府将如何与人民携手迈入冠病疫情后的新时代，巩固新加坡的未来。今年的财政预算案围绕三大主轴：推动经济增长、培训员工，为人民提供各种机会提升自己；加强社会契约，为家庭、长者和弱势群体提供更好的支援；及建立集体韧性，以便在遭受外部冲击和挫折时， ...

15 February 2023

5 mins read

People

‘A truly caring nation for our people’: PAP MPs weigh in on Budget 2023

Deputy Prime Minister and Finance Minister Lawrence Wong delivered the Budget yesterday (Feb 14), an inclusive and fair “Valentine’s Day gift” to Singaporeans. It has support measures for Singaporeans. It grows our economy and equips our worker ...

15 February 2023

3 mins read

Policies

Using Past Reserves prudently allowed S’pore to weather Covid-19 without falling into debt: Budget 2023

Our approach as stewards of our reserves—dipping into it only when there is an absolute need to—has served us well.

15 February 2023

2 mins read

Policies

A family-friendly Budget that will build a S’pore made for families

In a Budget designed to support families to the fullest, Deputy Prime Minister (DPM) Lawrence Wong announced in his Budget speech today (Feb 14, 2023) some ambitious measures that address some of their most urgent concerns. From housing to ensu ...

14 February 2023

4 mins read

Policies

Budget 2023: Inclusive, fair & moves S’pore forward in a new era

In line with the Party's core values of being far-sighted, compassionate, and resilient.

14 February 2023

2 mins read

Policies

Budget 2023 on Feb 14; share your views online

Mark February 14, 2023 down on your calendar. That’s when Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver the nation’s Budget for 2023. “The Budget is a strategic financial plan to build our future Singapore together. Let’s ...

29 December 2022

1 min read

Policies

2022 roundup: A Budget for a new way forward, with a larger Assurance Package

In this year-end roundup series, Petir.sg looks back at key moments of 2022. How do we find our way forward? An important question for any nation’s leaders at any time. And an answer needed more acutely for this uncertain era. “Sir, this

19 December 2022

3 mins read

Policies

MOF invites you to share views on upcoming Budget 2023

It’s an open invitation from the Government and there’re five ways to do it: Singapore Budget Website; REACH Budget 2023 Microsite; REACH Singapore Facebook; REACH Singapore Instagram; PA Ask Kopi Kakis #shareyourviews Webpage All these channels are ...

6 December 2022

2 mins read

Policies

Govt will uphold commitment of offsetting GST hike & further enhance Assurance Package if necessary: DPM Wong

The upcoming Goods & Services Tax (GST) hike cannot be deferred despite inflationary concerns and higher amounts of revenue collected from taxes in the last financial year. Speaking in Parliament on Monday (Sep 12), Deputy Prime Minister and Min ...

13 September 2022

3 mins read

Policies

Help is on the way: 1.5 million S’poreans will receive up to S$700 in GST Vouchers in Aug

Feeling the pinch lately? Help is on the way. The Ministry of Finance said today that 1.5 million Singaporeans will receive S$1.2 billion in GST Voucher (GSTV) benefits in August 2022. The eligible ones will receive up to S$700 in cash and

12 July 2022

1 min read

Policies

How S’pore gets electricity & how the govt hedges against disruptions, as explained by Tan See Leng

At the Parliament sitting on Apr 4, 2022, Second Minister for Trade and Industry Tan See Leng explained to the House how Singapore gets its electricity and the various measures to hedge against supplies disruptions. Of Piped Natural Gas and Liquefied ...

5 April 2022

2 mins read

Policies

ST calls Budget 2022’s plans as building blocks for a fairer, greener & more inclusive S’pore

In a comprehensive report on this year’s Budget published on Mar 12, The Straits Times wrote that “the debates on each ministry’s spending plans could perhaps be described as the building blocks for what this Singapore could look li ...

15 March 2022

2 mins read

Perspectives

Budget 2022: Upper-income contributes more & lower-income benefits more is fairest system

Here’s a story that us Asians can relate to: Imagine a family consisting of two elderly parents and three sons. Though the sons’ fortunes differ, both parents did their utmost best to raise them up and gave them all they could to

4 March 2022

2 mins read

Perspectives

Inclusiveness a central tenet in Budget 2022

The 2022 Budget’s broad-based tax approach is the strongest signal yet that the government is determined to keep Singapore as an inclusive and fair society. Every Singaporean has a stake in Singapore, every Singaporean has a stake in each other, rega ...

3 March 2022

2 mins read

Perspectives

At its heart, the Budget is a story of stewardship & sustainability

For most of us mere mortals, money matters are important, sensitive and personal matters. And as mere mortals, our income is finite because our time and energies are finite. The choices we make regarding how we earn, how we budget, how we

3 March 2022

2 mins read

Perspectives

Response of the day: Lawrence Wong’s response to WP’s question on reviewing rules on NIRC

Workers’ Party Leon Perera asked Finance Minister Lawrence Wong on reviewing the rules on Net Investment Returns Contribution (NIRC) and what would be the optimal level of reserves during the Budget Debate on Mar 2. This is Minister Wong’ ...

3 March 2022

2 mins read

Perspectives

Budget soundbite: S’pore must always remain an egalitarian society

Finance Minister Lawrence Wong said in his Budget roundup speech on Mar 2 that Singapore must remain an egalitarian society with a big heart. Here’s the excerpt. “A lot has been said about the redistributive aspects of the Budget. But in ...

2 March 2022

1 min read

Perspectives

Budget soundbite: Our fair & unique tax system is designed on the principle of collective responsibility

In this excerpt of his Budget roundup speech on Mar 2, Finance Minister Lawrence Wong explained why a tax system where the bulk of the burden is borne by a small group of people at the top end is unsustainable and how

2 March 2022

1 min read

budget - Page 3

Govt expects to spend more on climate change fight, reserves will serve as insurance: Budget 2023

Budget 2023 checks all our boxes. Here’s why

照顾国人各项需求: 财政预算案勾勒我国未来新方向

‘A truly caring nation for our people’: PAP MPs weigh in on Budget 2023

Using Past Reserves prudently allowed S’pore to weather Covid-19 without falling into debt: Budget 2023

A family-friendly Budget that will build a S’pore made for families

Budget 2023: Inclusive, fair & moves S’pore forward in a new era

Budget 2023 on Feb 14; share your views online

2022 roundup: A Budget for a new way forward, with a larger Assurance Package

MOF invites you to share views on upcoming Budget 2023

Govt will uphold commitment of offsetting GST hike & further enhance Assurance Package if necessary: DPM Wong

Help is on the way: 1.5 million S’poreans will receive up to S$700 in GST Vouchers in Aug

How S’pore gets electricity & how the govt hedges against disruptions, as explained by Tan See Leng

ST calls Budget 2022’s plans as building blocks for a fairer, greener & more inclusive S’pore

Budget 2022: Upper-income contributes more & lower-income benefits more is fairest system

Inclusiveness a central tenet in Budget 2022

At its heart, the Budget is a story of stewardship & sustainability

Response of the day: Lawrence Wong’s response to WP’s question on reviewing rules on NIRC

Budget soundbite: S’pore must always remain an egalitarian society

Budget soundbite: Our fair & unique tax system is designed on the principle of collective responsibility

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