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On 16 February 2021 (Budget Day), Minister for Finance Heng Swee Keat announced that GST will be imposed on imported low-value goods brought in via air and sea transport, which took effect on 1 January 2023, ensuring that local and overseas providers are treated fairly. [18]
Singapore on Tuesday announced around $4.5 billion in financial packages to help contain the coronavirus outbreak in the city-state and weather its economic impact, paving the way for its biggest ...
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
Economists at Citi and Maybank expect a virus relief package of at least S$700 million ($505 million) at the Feb. 18 budget, while Singapore's biggest bank DBS predicts a deficit of S$7.9 billion ...
Singapore, [f] officially the Republic of Singapore, ... [248] In 2021, ... In its 2020 budget, the government set aside an initial $5 billion towards a Coastline and ...
Singapore's economy contracted less than initially estimated in the third quarter due to the gradual easing of COVID-19 lockdown measures and authorities expect the city-state to bounce back to ...
19 August – The Museum of Ice Cream attraction in Singapore is officially opened in Loewen Road, located at the fringe of Orchard Road shopping district. 21 August – The National Day Parade 2021 takes place at The Float @ Marina Bay. This is the last major event and is followed by The National Day Parade 2022 before The Float makes way for ...
UOB economist Barnabas Gan expects Singapore GST will rise to 9% from as early as 1 July, adding revenue of S$1.8 billion for 2022.