🇸🇬💰🇸🇬💰🇸🇬💰 - 2024
Before you spend your money, you gotta plan how to spend.
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TLDR: 2024 hard times, but govt will make sure we spend wisely!
Singapore government is working on their budget for 2024! In fact, it's a pretty big deal at the moment.
Here's what we know so far:
Delivery Date: Deputy Prime Minister and Minister for Finance Lawrence Wong (also future Prime Minister, if PAP wins the next election) will deliver the Budget Statement on Friday, February 16, 2024, in Parliament. Can watch it here.
Public Feedback: The government is currently gathering public feedback on the budget until Friday, January 26, 2024. You can share your views online through REACH's Budget 2024 microsite or attend physical engagement sessions.
Key Priorities: While the specific details of the budget haven't been released yet, some experts anticipate that it will prioritize sustaining economic competitiveness, easing the cost of living, and driving innovation. The 30th anniversary of GST and potential international tax reforms are also likely to be influential factors.
You can also follow Ministry of Finance’s Telegram channel here