Home News Budget 2021

Singapore Budgets 2021: What to expect?

Manu Bhaskaran
Manu Bhaskaran2/5/2021 7:0 AM GMT+08  • 10 min read
Singapore Budgets 2021: What to expect?
The Budget will be announced on Feb 16.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

As Deputy Prime Minister Heng Swee Keat prepares to announce Singapore’s budget for 2021 on Feb 16, he confronts a tumultuous world. Hopes may be rising for an end to the pandemic as vaccines are rolled out, but much can still go wrong. In the meantime, the world we know is being upended by all manner of political, economic and financial changes.

This backdrop makes the forthcoming budget highly consequential. At one level, it will be good for us to know the taxation and spending intentions of the government so that we can assess the implications for economic growth. At another level, this budget statement will also give the government the platform to signal broader policy directions and a chance to introduce reforms to tackle the nation’s structural challenges. We may not be in the depth of a crisis as we were the last time DPM Heng presented the budget, but he still has an unenviable task of shaping an overall strategy to meet the profound challenges that Singapore faces.

The context: a complicated world places a heavy burden on policy

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.