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Lawrence Wong :"I will be delivering the #SGBudget2025 tomorrow. It will be a Budget for all Singaporeans..."

PM Lawrence Wong is going to do more flipping and flopping tomorrow

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That cb face ,all the while gave u then take back more,lol, ask him to give budget to the black dog for buildi g his palace in ridout Rd,lol
 
Tiagong going to partner Scoot so that Majulah and Merdeka will get to fly free on Scoot within ASEAN region.
 
Talk cock sing song. End of the day, its still our taxpayers' monies.
 

Many Ah Lao can sleep well tonight….Boss Lawrence promised Singapore budget to fix your living costs and jobs as election looms​

Bing Hong Lok
Updated Sun, 16 February 2025 at 7:17 PM SGT2-min read

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Singapore budget to tackle living costs and jobs as election looms
By Bing Hong Lok

SINGAPORE, Feb 14 (Reuters) - Singapore's government is expected to focus on cost of living issues, housing and employment in next week's budget, as it heads towards an election buoyed by strong growth and low inflation but facing uncertainties over U.S. trade policies.

Economists forecast an expansionary budget in 2025, with DBS expecting an overall fiscal deficit of S$3.8 billion ($2.8 billion), or 0.5% of gross domestic product and Maybank estimating a deficit of S$6 billion, or overall surplus of 0.8%.

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The two banks expect the government to report an overall fiscal surplus of 0.8% of GDP in 2024, higher than the government forecast of 0.1% due to unexpected growth in revenue from corporate and personal income and goods and services taxes.

"Measures will look to cushion households' cost of living pressures and support families. Initiatives will aim at sharpening long-term economic competitiveness," DBS economist Chua Han Teng said in a report.

The budget will be announced on Tuesday by Prime Minister and Finance Minister Lawrence Wong, his first since taking the top post last year.

Some economists expect him to retain or increase cost-of-living support, such as cash, grocery vouchers and utility rebates, despite improving domestic conditions, as the People's Action Party that has dominated Singapore politics tries to improve on its 2020 election performance.
 
About a week before Chinese New Year, he gathered all the ministars, senior ministars of state and ministars of state to listen to his Budget speech.

A the end of his presentation, he asked for feedback.

None of his audience dared to give honest feedback for fear of losing their jobs or promotions.
 
Every 5 years or so they say the same thing before election. After election nothing changes.
 
Let me guess how it’s going to be…

- govt assistance for those very low income (think less than $1,200 per month type). Don’t ever think of getting your hands on this!

- more conservancy rebates for a few months. But they never tell you that electricity pricing never go down even when cost of oil goes down.

- more rebates and grants for training. Again… same shit by giving you subsidized training, but no guarantee of jobs
 
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