Budget 2023 designed to support families, signals beginning of a new S’pore: Indranee

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SINGAPORE - Incentives for marriage and parenthood and moves to strengthen the social compact are some of the clear themes in this year’s Budget, said Minister in the Prime Minister’s Office and Second Minister for Finance Indranee Rajah on Thursday as she outlined the Budget’s significance. Read more at straitstimes.com.

Ms Indranee said these measures were crafted to address short-term concerns, but emphasised the need for Singaporeans to think ahead by upskilling themselves and taking advantage of available programmes.

In response, Mr Suan said that unlike the GST hike, these measures are not so much revenue measures as they are a form of signalling by the Government that it is addressing the income divide. Both Mr Suan and Mr Sanganeria said there could be more help for businesses with sustainability and to improve their environmental, social and governance standards.

 

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