Singapore will unveil its annual budget on Tuesday, with analysts expecting higher spending on health care, infrastructure and training, and a coronavirus relief package. Photo: Reuters
Singapore will unveil its annual budget on Tuesday, with analysts expecting higher spending on health care, infrastructure and training, and a coronavirus relief package. Photo: Reuters

Singapore budget expected to include tax hike and Covid-19 relief package, with yearly deficit projected

  • Singapore will unveil its annual budget on Tuesday, with economists expecting a deficit of as much as S$8 billion
  • The budget includes a substantial coronavirus relief package and other spending measures to lift the economy

Singapore will unveil its annual budget on Tuesday, with analysts expecting higher spending on health care, infrastructure and training, and a coronavirus relief package. Photo: Reuters
Singapore will unveil its annual budget on Tuesday, with analysts expecting higher spending on health care, infrastructure and training, and a coronavirus relief package. Photo: Reuters
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