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They already filled the quota for new citizens liao, so now no need to bribe old citizens for vote by giving out goodies liao...so how now? vote also now tak pakay!
Jan 21, 2010
BUDGET 2010
Election-year largesse unlikely
DESPITE this being a likely election year, next month's Budget looks set to be a more low-key affair than those of previous election years, with fewer handouts to please Singapore's voters.
Economists expect this year's government spending plan to be generous, but more focused on laying the foundation for medium-term growth.
This will be in contrast to the round of recession-cushioning reliefs announced last year - which included the bumper $20.5 billion Resilience Package - or the liberal payouts unveiled in other election years.
'Last year, we saw more focus on practical responses to the crisis to stem job losses,' said Barclays Capital economist Leong Wai Ho.
'This year, given that the immediate urgency has sort of faded, there will be a shift in emphasis towards longer-term measures in the Budget.'
Likely to dominate the Budget will be the soon-to-be-published recommendations of the Economic Strategies Committee (ESC), which has been tasked with mapping out new ways for Singapore to grow over the next five to 10 years.
Jan 21, 2010
BUDGET 2010
Election-year largesse unlikely
DESPITE this being a likely election year, next month's Budget looks set to be a more low-key affair than those of previous election years, with fewer handouts to please Singapore's voters.
Economists expect this year's government spending plan to be generous, but more focused on laying the foundation for medium-term growth.
This will be in contrast to the round of recession-cushioning reliefs announced last year - which included the bumper $20.5 billion Resilience Package - or the liberal payouts unveiled in other election years.
'Last year, we saw more focus on practical responses to the crisis to stem job losses,' said Barclays Capital economist Leong Wai Ho.
'This year, given that the immediate urgency has sort of faded, there will be a shift in emphasis towards longer-term measures in the Budget.'
Likely to dominate the Budget will be the soon-to-be-published recommendations of the Economic Strategies Committee (ESC), which has been tasked with mapping out new ways for Singapore to grow over the next five to 10 years.