Budget, Singapore and the surplus
Budget 2025: Singapore expects S$6.8 billion surplus in FY2025, contrary to economists’ deficit predictions
Singapore expects a fiscal surplus of S$6.8 billion, or 0.9 per cent of gross domestic product for the 2025 financial year, despite a generous spending plan under which the government’s total expenditure will exceed operating revenue.
Singapore Pre-Poll Budget Delivers Spending and Surplus
Wong, in his first budget as premier, announced a healthy fiscal position. He forecast a surprise budget surplus of S$6.8 billion (roughly $5.1 billion) or 0.9% of GDP for fiscal 2025. Corporate income tax is now the single largest contributor to revenue
Opinion
Commentary: How is Budget 2025 preparing Singapore for an uncertain world?
It was generous in expanding previous Budget perks, such as Community Development Council (CDC) vouchers and rebates on utilities, and Mr Wong announced a special SG60 Package with yet more cash vouchers, a personal income tax rebate and a baby gift for newborns this year.
The country announced support measures for households and businesses, including vouchers and tax breaks, in its first budget ...
In addition, businesses also get a fair amount of support. For example, there is a corporate tax rebate, and the government ...
SINGAPORE: The world is in flux, with rapid changes brought about by technology and policy shifts, but Singapore has prepared ...
SINGAPORE will face a new global contest, with greater uncertainty and downside risks as it moves into its next phase of ...
Hosted on MSN1d
Singapore budget 2025: CPF rates to riseThe Central Provident Fund (CPF) contribution rates for Singaporeans aged 55 to 65 will increase by 1.5 percentage points ...
Budget 2025 revealed that Singapore is studying the potential deployment of nuclear power and is taking steps to build up ...
You may visit the MOF website and subscribe to receive the full Budget Statement via email after it has been delivered. The ...
"Having children isn't just about bringing them into the world; it's a lifelong responsibility, or at least until they reach ...
A redesigned SkillsFuture Enterprise Credit will see the availability of $10,000 for eligible companies from the second half ...
Corporate income tax collections increased unexpectedly in recent years, but it is too soon to tell whether this will be a ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback