Singapore’s Budget Statement for 2024 has been delivered in Parliament by Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, on 16 February 2024. Themed “Building Our Shared Future Together”, Budget 2024 rolls out the first instalment of the Forward Singapore programmes.
Our Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, delivered Singapore's FY2023 Budget Statement on Tuesday, 14 February 2023. Titled “Moving forward in the new era”, the Budget 2023 speech addresses the challenges ahead for Singapore businesses and families amidst these times of global economic slowdown, geopolitical tensions, and rising inflation.
Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance, Mr Heng Swee Keat, delivered the Budget Statement on Tuesday, 16 February 2021 in Parliament. Our team has compiled a publication of our views on various Budget changes and also a significant number of thought leadership articles released over the past year or so.
Deputy Prime Minister and Minister for Finance Heng Swee Keat delivered the Singapore Government’s Budget Statement for Financial Year 2020 in Parliament on Tue, 18 February 2020. Budget 2020 is presented against a backdrop of the on-going COVID-19 outbreak, as well as broader uncertainties in the landscape. There are also long-term structural shifts taking place around the world – a decline in support for globalisation, a shift in economic weight towards Asia, technological disruption, and an ageing population in many countries.
Minister for Finance Heng Swee Keat delivered the Singapore Government’s Budget Statement for Financial Year 2019 in Parliament on Monday, 18 February 2019. Presented in our bicentennial year, Budget 2019 comes amid four major shifts: the shift in global economic weight towards Asia, rapid technological advancements, changing demographic patterns, and increasingly, the decline in support for globalisation. Domestically, there are long-term challenges we must address as a society. We will chart our way forward confidently, building on our distinct strengths and our Singaporean DNA.
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 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.
This year’s Singapore Budget 2022 delivered by the Finance Minister on 18 February has drawn a significant amount of attention. Discussions around the Budget have dominated mainstream media’s headlines since, with Finance Minister Lawrence Wong rounding up the debate on this year's Budget on 2 March.
First published on Lianhe Zaobao, March 15, 2021
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.