Parliament to hear ministerial statements on inflation and business costs

SINGAPORE: Ministerial statements on inflation and business costs will be delivered when Parliament sits on Monday , with Finance Minister Lawrence Wong and Second Minister for Trade and Industry Tan See Leng expected to speak on the matter.MP Murali Pillai asked whether the Government is prepared to reduce or provide rebates to the petrol duty imposed on motorists or provide road tax rebates.

MP Gan Thiam Poh asked whether households will be given ad hoc monthly utility rebates to cushion the impact of rising oil prices and supply chain disruptions, while MP He Ting Ru asked whether the Ministry for Trade and Industry is tracking the severity of"shrinkflation".Sharper rise in inflation, geopolitical tensions are downside risks to Singapore economy: MAS survey

MP Lim Biow Chuan submitted a question on what it costs businesses to maintain vaccination-differentiated safe management measures. Non-constituency MP Hazel Poa asked what the Government’s indicators are to monitor whether society is ready for repealing 377A and how these indicators are monitored.

Nothing can be done even after long debate

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan business mood sours as Ukraine war, inflation take tollTOKYO :Japanese business confidence hit a nine-month low in the first quarter, a central bank survey showed, as companies took a hit from supply disruptions and surging raw material costs caused by the Ukraine crisis.Companies expect conditions to worsen further three months ahead as rising input costs squeez
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »