Singapore’s Finance Minister Heng Swee Keat has been designated the country’s Prime Minister in waiting. Photo: Reuters

What does Singapore PM-in-waiting Heng Swee Keat’s 2019 budget say about an early election?

  • Singaporeans will get US$7.3 billion worth of subsidies and cash handouts
  • But while the government will log a deficit, its huge accumulated surplus means it still has more than US$11 billion to spend before the next election, due by 2021, is called
Topic |   Singapore

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Singapore’s Finance Minister Heng Swee Keat has been designated the country’s Prime Minister in waiting. Photo: Reuters
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