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Singapore's Expansionary Budget offers Goodies For All

Selena Ling, Chief Economist, OCBC Bank

19-Feb-25 07:45

Singapore's Expansionary Budget offers Goodies For All

Singaporean Prime Minister Lawrence Wong delivered the country’s expansionary Budget for 2025 amounting to about SGD$ 143 billion dollars, constituting almost 19% of GDP with a nod towards alleviating cost of living pressures whilst making the city state a centre for new ventures. But are these measures enough to help Singapore navigate the choppy waters that is 2025? Selena Ling, Chief Economist, OCBC Bank tells us her perspective.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Shazana Mokhtar, Wong Shou Ning, Keith Kam


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Categories:  economypoliticsgovernmentinternationalLaw/Activism

Tags:  singapore budget 2025singaporean economylawrence wongsingapore gdp





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