Minister for Finance Heng Swee Keat delivered the Singapore Government’s Budget Statement for Financial Year 2018 in Parliament on Monday, 19 February 2018. Budget 2018 lays the foundation for Singapore’s development into the next decade. It serves as a strategic and integrated financial plan to position Singapore for the future. Budget 2018 comes amidst a backdrop of three broad shifts. First: the shift in global economic weight towards Asia; second, the emergence of new technologies; and third, an ageing population in Singapore.
Minister for Finance Heng Swee Keat delivered the Singapore Government’s Budget Statement for Financial Year 2016 in Parliament on Thursday, 24 March 2016. Budget 2016 builds on the success of the past 50 years, and continues to find ways to create opportunities for Singaporeans to grow, to plan ahead, stay united, be creative, and build a future together. To achieve our goals, we must grow our economy and invest collectively for the long term. At the core of this journey ahead is the Spirit of Partnership that will drive us to transform the economy through innovation and enterprise, and to build a caring and resilient society. Everyone has a role, and together, we are weaving a rich tapestry that gives strength and resilience to our economy and society.
Tax Highlights: Singapore Budget 2017
"Minister for Finance Heng Swee Keat delivered the Singapore Government’s Budget Statement for Financial Year 2017 in Parliament on Monday, 20 February 2017.
Budget 2017 is delivered on the cusp of major global shifts. Even as the mood turns inwards amongst advanced economies, the pace of change is increasing, with rapid technological advances disrupting businesses and jobs. These deep shifts create new challenges and opportunities for Singapore. Economically, we need to develop deep capabilities in our firms and workers and forge strong partnerships. Socially, we need deep partnerships as well, with a good balance between government action and community initiative."*
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*Source: https://www.mof.gov.sg/newsroom/press-releases/Budget-2017-Moving-Forward-Together
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